Second, this condo is less than a block from two light rail stations making commute in and out of Denver super easy.

Thanks again Chris, but like I say I did have misgivings right out of the blocks.

Hey @Joshua Dorkin can we block or ignore certain users?  

We currently live in the east side and it is really block by block.

Then ended up having to pour a 12" concrete wall against the original block, adding and additional $7000 to my rehab. 

I would say within the last 15 years this has been the trend, on a block there are typically 2 or 3 homes being rebuilt.

This would be your building block for a larger complex.Call around to Property Managers and have them tell you what they think of the location and the property. 

You don't want to be the most expensive house on the block because you will not have good comps to help with your property valuation.If you are talking about a rental things are a bit different, you really should not go overboard  but find what matches expectations for similar rentals you are trying match in your rent price point.

You can't use the average rent as gospel, but here in Richmond it is nice to see where the recent comps are on the map since neighborhoods change drastically from block to block in some areas.

Sometimes it is important to get your building blocks set up.