There are very nice, intelligent and charming people who don't have a degree.

The casing and entablature around doors and windows, fireplace mantels in multiple rooms, hardwood floors, chandeliers, high ceilings...a lot to be said for a certain charm it gives which many like to rent.

It’s not like in Cal where you see drastic movements in prices and it’s not like in Detroit where prices are so suppressed that the hopes of being a top city seems like a dream.

Some muni's require electrical upgrades, fire suppression systems with sprinklers, etc.

I have learned a great deal more since that time and I want to fast forward to the current and get into the lease option deal we put together several months ago.We have rented the property for the last 2 years @ $1,600 per month to 2 different tenants.The mortgage payment is $950 per month ($107k loan for 30 yrs).Each time trying to lease option on my terms but to no avail.As they say, third time is a charm and the prospect came calling.When they asked about the lease option, these are the terms I sent over to them and they were the following:Purchase price: $189,900, $1,500 per month lease payment, $50 per pet per month fee, $50 application fee each applicant, 5% non-refundable option fee, one month security deposit, and 20% of monthly rent going towards down payment credit when option to buy is exercised.We agreed on all the terms above with a purchase price of $182,900, $1,600 rent (2 pets) and 2 year option agreement.There was a buyer’s agent involved so I paid her a portion of the owed commission and the buyer paid the rest (buyers portion will be credited when option exercised).I was not going to pay all of commission up front not knowing if buyer will or will not take option.You can do the rest of the math to figure out what the net profit will be once the option is exercised.

The East Side could be great if you're OK with less cashflow but want a safer neighborhood with decent appreciation over the long term (Hope is particularly charming) Here's a ranked list of all the neighborhoods on NIche.

We have suppressed affordability like last time and, rampant appreciation like last time but the economic factors for wages and employment are different and the products on the market are different.

And the housing stock in IC is charming.

I've noticed that suppresses applicant flow as well.

If you believe in luck, find a lucky charm.