----CURRENT PROPERTY INFORMATION--****PROPERTY IS LOCATED ONE BLOCK FROM PRIVATE UNIVERSITYProperty built in 1935 (BRICK)4 two bedroom one bath units1 one bedroom unit in basement which is a legal unit (due to age) though no egress windows are presentLaundry area in basement containing 2 washers, 2 dryers4 lockable Storage units in Basement4 car garageCondition: (based upon my knowledge of property, haven't inspected as of yet)GARAGE ROOF: has many layers and though doesn't appear to leak as of yet, it is in need of replacing.BUILDING ROOF: appears to have two or more layers on it, and does not leak, though it will eventually need replacedWINDOWS: 26 windows, mostly crank out old style with small panes.

The addresses of both property are very similar and are three blocks from each other.

I hope you are capturing all of those craigslist leads because they will come in handy once you find your motivated seller.I recommend defining your target market and driving those neighborhoods looking for the worst house on the best block.

You have to know the streets, & the blocks on the streets, to make sure you find something that you want to own for a rental.)Make sure that they actually work with investors.

Its ~5 blocks from the ocean right on the neptune/atlantic beach border.

The properties are within 4-5 blocks from the school itself.

Recently missed out on a fantastic 3 unit for 50k just a few blocks from downtown. 

However, as a primary residence for me it would be ideal (my wife and I are coming back to the are from New York, and this reminds of the nicest blocks in Brooklyn, the West Village, UWS etc.).  

McLennan CAD Property ID:xxxLegal Description (partial):xxx Block 3 Lot 4B 5 Acres 0.2083 ADDRESS: 2222 xxxx Ave.Waco, Texas 76706-2906DWELLING: The house and outbuilding(s) located at the above addressSELLER:Maria S xxxBUYER:Waco House BUYER, LLCTERMS:$xxx CashTerms and ConditionsSELLER warrants there are no outstanding “fix-it” letters or letters of demand for repairs, code violations, hazardous conditions or red tags from the city, county, or any other government agency.Offer is contingent upon BUYER being able to obtain a standard fire insurance policy.BUYER agrees to waive standard lead-based paint and asbestos tests required for older properties—years built from 1938 to 1952.SELLER warrants DWELLING is “hooked up” and serviced by city/county water and sewer providers.BUYER has observed marginal condition of roof on the DWELLING.

I have a few questions for those that have been around the block in Indiana:1).