White picket fence in front.

In Vermont we had a magazine called "Picket Fences" that was all for sale by owner.

It is true that it will show you that you are not in Kansas anymore (picket line fence suburbia which this is def not in) but unlike say Cali where a mile can be a valid reference point because you are in a driving city, in a walking city like those mentioned a few blocks can be the difference between a war zone and a decent cash flow zone with C rentals that are definitely not easy but are not war zone properties either. 

We've learned to inspect at least once a year or so and fix all the tiny things before they become major deals (painting outside door trims before moisture damage sets in, trees growing through decks, fence pickets loosening, etc.).

@Jason DiClemente Thank you I do know about MLS but there over picketed and to much competition drives up prices for someone like myself Ive got to think out of the box.  

If my Father passes before the mortgage is paid off it will be next to impossible to rent it out for the amount we will need to cover mortgage, insurance and taxesHouse has a substantial crack in the foundationMany unfinished projects by unlicensed contractors or family membersWood picket fence and surrounding trees are rotting due to a fungusI'm thinking we should let the house go to our older brother...

If my Father passes before the mortgage is paid off it will be next to impossible to rent it out for the amount we will need to cover mortgage, insurance and taxesHouse has a substantial crack in the foundationMany unfinished projects by unlicensed contractors or family membersWood picket fence and surrounding trees are rotting due to a fungusI'm thinking we should let the house go to our older brother...

I had one of these a couple years ago, sold it for a down payment on a white picket fence, and now back in a position to get back into investing.

If the property really is "in the heart of downtown" as the MLS listing says, then this could be a viable option, especially if you put a bit of rehab work into the property (white picket fence, maybe?).

Offer Price- $110,000Appraised - $113,000Tax Appraisal website - $90,544Down Payment- $30,000PITI = $700/monthProperty Manager is confident it can rent for $1300 (Confirmed it also on RentOMeter.com)Needs:- new roof - picket fence - could use a new coat of paint in the living room.