There has been a lot of monies spent on transportation ($1B) and still 300 acres of waterfront untouched which impacts the riverwards.Let me know if I can assist with any questions.Regards,Joe Scorese

Became unable, because of a change in employment status, to pay basic living expenses for the household (including expenses for food, clothing, housing, medication, transportation, taxes, court-ordered payments, and expenses reasonably necessary for making an income).

Are there cyclical industries that can rise and fall (oil, tourism, transportation, etc.)What resources does the area have that are always in demand?  

Some of the expenses are: advertising, cleaning and maintenance, utilities, insurance, taxes, mortgage interest, points, commissions, tax return preparation fee, certain travel and transportation fee, rental payment for equipment for rental business and many more. 2)You can deduct mortgage interest and property taxes as expense on the rental portion and remaining personal portion can also be deducted as itemized deduction on personal return. 3)If you rent the duplex you can deduct repair expense as rental expense which would be personal expense if the house is not rented out and would not be deducted.

Hi @MichaelFriedman,How are you.Some good referenced neighborhoods depending on what your expectations are for buy in, cash flow, deferred maintenance and management of the asset along with the tenant.Your Riverwards Section (You are referencing Port Richmond) bears a different type of asset since there is heavy development from all sides also including $1B of new transportation.

Look for the following things when researching an area, ease of transportation, proximity to major transportation networks (how close to trains, major highways), population growth, income, supply of properties vs demand of properties, growth in value of properties, CAP rate, eviction laws and there is so much more but these are some of the major ones. 

I'm a civil engineer in San Antonio, focused in transportation and structures while working a full time, and currently investing.  

If I buy it on CL, then I need to transport it and install it. 

However, this is a small town with bitter cold winters so public transportation and biking is not ideal. ;)

Hey BP Fam,My friend and I found this property in a great location, awesome neighborhood only a few minutes from NYC, close to local eateries, parks and transportation to neighboring towns.