Managing from afar is a recipe for chaos.I also recommend checking out Motor City Mapping, which has up-to-date pictures and information on the state of every property in the city. 

I often flip items with motors (boats, cars, motorcycles) They're almost always good for a minimum of 50% return, sometimes 200%+ Problem is those 50%-200% returns are usually only $500-$1500..

@stevejones oh man i cant believe im about 2 months late to this post I didnt realize there were replies to my own thread haha  - I just listened to your podcast episode last week I grew up in a lot of the areas you are doing your work in and also have a few investments in echo park (although growing up in the glendale/lacrescenta area we never thought of it as anything but gangland haha how things change). what are your thoughts of the river renovation and the mount Washington area... all hype or some real opportunity?  

Not to hijack the thread but I'm curious about people's opinion on investing in Mount Vernon.

You push or pull the new wire and cable TV wire with it into the box without cutting the wall.If you have to make a small cut at the ceiling you can sometimes cover it with new molding without tearing the whole wall up as well.Surface mounted systems are around but I don't think I would ever use it in a residence.Guys like Robert can be even more creative with how they pull wire without tearing up a wall.Good Luck. 

The rental market in Mount Vernon is good. 

Properties within the boundaries of these districts are levied an additional tax surcharge which covers the additional safety, sanitation and other services within these districts.The tax rate for the Midtown Community Benefits District (which includes parts of Bolton Hill, Charles North, Madison Park, and Mount Vernon) is $0.132 per $100 of assessed property value.

If the rusty spot is relatively close to a box, this isn't too bad, but if there's one rusty spot in the middle of a run, it can be a pain in the butt.For the Cat6 outlets, you'll probably have to use electrical boxes that mount on the surface of the walls. 

DIST DEL MANUF CONTR SUB;POSS CONTROLLED SUBSTANCE-FELONY(2 CTS);TAMP 1ST W SERV OF UTILY;STEALING OF A MOTOR VEH-1ST OFNS(5 CTS);RECEIVING STOLEN PROPERTY.

I do not know about Mount Vernon.