My cul de sac has about 10 houses.

@Faisal Z.

@Sonny Sach A good metric to pay attention to along with the IRR would be the Debt service coverage ratio and CoC returns especially if you’re leveraging equity with debt.

@Faisal Farnas Welcome to Bigger Pockets.

@Sacha LaCoss you don't need to waste time/money on an attorney until the Tenant initiates legal action. 99% of the time, threats of legal action are just that: threats.

@Sacha LaCoss how have things progressed?

@Sacha LaCossPersonally, I would go for Applicant 1.

There are better cash flow properties on the south side, but honestly I don't want to buy in an area that I am not comfortable driving at night in.Any thoughts or pieces of advice are greatly appreciated.Thanks,Faisal

@Sterling White@mike garrison@Faisal SamiThanks for your inputs guys. 

Quote from @Faisal Tahiri: Sellers throw NOI out there to fool people that don't crunch numbers.