A new Whole Foods was recently announced in a neighborhood surrounded by blighted and vacant properties.

So I'm doing some homework to find out if buying a few properties surrounding that project would have some upside.

It has a non-working hot tub in the deck surrounded by a 6 foot fence that needs a bit of repair.

I just did a quick search for you, not actual comps, as I don't have enough info on your house and lot for that.Personally I wouldn't want a house surrounded by 3 story buildings!

The ARV is based on the surrounding homes that are selling.

Three considerations on exterior... the architectural style of the home, roofing color if keeping existing, and color of surrounding homes.

My most sage advice would be to get yourself to some surrounding areas with lower property values.

Thanks much for the reply...My Mom and Sister live in San Jose and given what I do for a living...very familiar with what garages cost in both Burlingame and surrounding cities as well as the South Bay.

I'm new to REI and BP but it looks like there are a ton of great people in Denver and the surrounding areas.

Profitability.Find something that is dramatically less expensive than the surrounding houses, but needs work.