I live 12 blocks away from the building and would manage it myself.So, wise people, assuming the future looks like today, what would be a steal of a deal for this property?

Here in WA I have an old cinder block buiding built around 1954 and county appraiser has it valued over a million dollars.

Hanover is a scam artist, I hope she is blocked from BP from now on.I keep seeing people complain about 6% return.

:1) Based off experiences with the type of SFR to invest; I'm thinking of moving my wife and I into a nicer suburb (housing ranges from 120k+, rents in the $1.2k-1.8k range) - but won't make the jump until I find something around 100-120k so I can rent it out in the future if I chose to move.If I did this, I would rent out my current townhome (purchased for $75k & built in 2003, rents for about 950-1100 in very desirable location in Jacksonville)...Option 2 would be based on trying to leverage more cashflow to help feed future investments:2) stay in my townhome, and drop 25% on a SFR around the 70-80k range that would rent for around $800-1k a month, but the homes in these areas would be ones built in the 1970s concrete block style.I feel like former option would best my investments for building wealth as I do not currently depend on real estate cash flow as a source of income.On the other hand it feels like having a starter investment that yields more cashflow would help seed future investments.Thoughts are always welcomed!

I even solicit landlords to donate $40 each to offset our block party expenses.

This is sort of a stumbling block but they are helping out with what they can.

I usually target properties in nice areas that are the ugly houses on the block.

Buy another 2 family down the block and repeat the process again and again.6.

In my research of county owned Tax Liens, I've found a couple that are for the common area of a sub-division (lake and park), and a townhouse community (street and parking lot).If I purchased the lien, and then ended up the the deed, could I say block access for the residents if they didn't pay me for my time, expense and some profit?

These folks don't really understand the landscape and get taken with comps from a few blocks over but might as well be a world away to local homebuyers.