Long story short, I think I found a gem but it’s considered commercial property and I think it would be really great to change it to an apartment complex and rent out.

Purchase price: $53,000 Cash invested: $20,000 Sale price: $115,000 Bought this little gem at the courthouse steps.

The other realtor sounds like a real gem. 

This is a gem.

You have a potential gem, take advantage if you can.Something also to consider is your "opportunity cost."

At the end of the day we are all offering opinions, remember that too.When EF Hutton speaks they should listen  ( now lets see how many remember that gem).I wonder if the wholesalers show the contract before they get the 5k  or do these folks have to send in the 5k then they get a peak at the contract.. ???

Then when the project was done and I'm attempting to refinance the HML out, it took 2 appraisals to get the value I was seeking, as they were comparing my fully rehabbed shinning gem of a duplex with granite, stainless steel and new everything to 30 year old nearer duplexes of far lessor quality and size.

I am always hunting in that area as well as all of Uptown including Broadmoor (hidden gem), Tulane, Lower Garden, Irish Channel, Milan, etc. 

I just purchased a property today... going to be a gem. 

If I come across any gems I do not mind sharing them with you.