What are any physical issues with the property, besides the foreclosure.3.

While it is 10 minutes to downtown, there is a lot of RE that is physically closer.

Go physically see the work they've produced that is relevant to your project.

While  in contract,  I saw a   foreclosure property in a neighborhood I want to live, great price, (Under 30) great location next to a  Golf Courses, casino and a race track but it needs work..  

MLS#13178475You need to physically inspect the property and have an almost precise estimate of repair cost based on a very specific set of what requires repair.

But then you'd run into people who might assume you work at one of the casinos. ;-)Bottom line: make it happen!

Keep in mind that if you get loans that are meant for primary residences, there could be stipulations about how long you live there to keep the loan.If you move forward with low income landlording, you may want to check out my BP podcast episode and my weekly BP member blog.I think if you are comfortable living there and are willing to put in the emotional and physical work to keep things on track, you can be successful.

Our building consists of 6 units behind an iron fence that is about 7 feet high with physical key access.Some thoughts that have come to kind have been replacing the gates with a keypad entry type system.

As with any acquisition you should conduct not only a physical inspection, but also a legal and financial inspection.

To me the next Tech Growth curve will be on the "Weaponization" of these technologies into the "Physical" world.