Higher-quality areas attract tenants who are more reliable and tend to take better care of the property.

So, perhaps hiring a couple day laborers to help them move or even paying the 1st months rent on a storage unit would be better.

I'd build up and go for at least 2 units but 3 stories is better. 3 story walk up apartments account for almost 65% of apartment developments round he country. this is what I'd recommend on your lot. this is 35' tall and we do it in columbus oh 

i wish i had better news for you but it's probably not feasible in the short term to replace your W2 income with rental income. 

If you're thinking about selling it, you'll probably be better off selling a vacant then with a tenant.

Asking in the correct forum will get a better response.Read the RULES!

Is it better to be  referred to one than to continue wasting time looking for one?

Zillow and Redfin are much better for finding listings.

That will allow you to better place your money in areas you know can succeed whether it be in the arbitrage or ownership space.

I think your better off with points and lower interest rate