Just like a big storm coming across your area, that is not the best time to book a flight, you are better off waiting to see if it passes and maybe take a train or alternative mode of transportation that is less risk and would get you where you want to go but maybe a little slower, but you know you get there.That is how I feel about traditional real estate right now.

A desirable neighborhood with good schools, amenities, and proximity to public transportation or major highways will not only attract quality tenants but also contribute to the overall value and appeal of the property.

And as for the house --it's in Quincy--south of Boston --walking distance to public transportation --right in Quincy Center--there is a major development under way.Current Rents $39.3K a year (probably a bit low still)Taxes/Insurance $11K a yearWater Sewer $1200 a yearI've never had a vacancy in 10+ years but accounting for 5% vacancy this gets to NOI of $25.1K per YearAsking Price:  $630K.  

After looking and searching Maspeth is not the best location since the best transportation you can get are buses.

Neighboring Mishawaka has one of the largest concentrations of retail stores in the state, and the entire region boasts affordable housing, over a dozen institutions of higher learning, easy transportation access and convenient commute times that average 20.2 minutes.

Food insecure, medicine insecure, transportation insecure.  

Side notes:Right now I am getting the impression that Pilsen is the biggest opportunity neighborhood to find a multi unit within FHA limits and still be close to the Loop via public transport.

Derrick Williams ouch, I remember I had to transport a fridge from my rental property so I could sell it because they already had one.

I look for properties in safe neighborhoods with subway transportation close by.  

It's a 5 BR, 3 bath located near public transportation with easy access to center city Philadelphia, it's also within walking distance to a college and medical school.