The homes are massive and built around the turn of the century...which means they're money pits.It would be purely speculative to invest in that area...but if you have time and money anything is possible!

For pure collecting rent purposes, I like to request them to go to my designated bank directly to deposit.  

Every market is different in so many ways that using it as even a guideline can do more harm than good.Bottom line, learn how to estimate rehab, analyze markets, and analyze deals on their own merits...and above all, never argue with the numbers.I'm drinking HALF & HALF Working on one that is pure cream! 

I've tried to piece it together from my conversations with the neighbors, but I think any thing "fashionable" in that house was a pure accident.  

From a purely financial point of view, if you are paying interest you would pay it in full each month.

. $105k/yr, but I am barely existing as a vested member of the paycheck-to-paycheck club in my run down rented 2BR, 1k sq ft house, enjoying my up to 2 hour each way commute to go 32 miles of bumper-to-bumper pure joy.  

Tons of good info on this site and the podcasts are pure gold!!

This is what propels much of the mid west TK type investments it purely price point. 

Your success is pure motivation!

So will the IRS Tax Court; It is pure guru speak.