I know it could be a stretch but may be worth it over the longer term.

It’s getting really tough to find deeply discounted deals because sellers know how strong the market it and buyers know that they have to stretch to buy deals. 

You can also diversify much easier and cheaper over geography so you are less exposed to the risk of a single metro area experiencing the loss of a major employer or other unique problem and messing up your returns.

Just do what is average and not unique to the area you choose. 

I have to agree with you on the money pit analogy being a bit of a stretch. 

What you have is unique.

If an emergency were to arise it could be available again; and CC debt is the worst kind to be carrying or stretching out.

This property is so deep into negative cash flow that it is not a investment by any stretch of the imagination.

Woodlawn lake is a good area and supports both flips and buy and holds so it is a unique neighborhood for sure.

Based on the unique ID # used to identify each property we cross-referenced each list against the others to find the correlations.The result is lists of houses that fit at least one of the criteria or all of them or anything in between.