It is a small property, about 1,100 sq feet, built in the 1940s.   

@Wayne Brooks I agree about the local aspect and even around here going down the road a few hundred feet to the next town changes things drastically.

All round much higher risk.   

I manage in Barstow Ca, I think the climate is similar to Arizona where you are, I install window swamp cooler, those guys cool up to 1200 square feet house very effectively n the power consumption is s no more than a typical appliance.

The lot is 1500 square feet and I was wondering how much will it cost to build a house?

Before anyone jumps 3 feet backwards it is not our first Flint purchase so I am aware of some of the downsides to being in this area.

Considering investing in $425K, 2/2, 1277 square feet free standing condo in Santa Fe, 9 min walk to Plaza.

Have been thinking seriously about getting our feet wet here in Springfield, and then we'd have a start whether we stay or not.  

I live in Round Rock, Texas where my residence has been appreciating 7% per year, right now I have about 35-40k in equity.

I’m looking to get my first deal done, what would you guys recommend for get my feet wet In the game ?