Location is not inherently bad if you get the right value on the property and have the right expectation for the property and its tenants.Being close to a highway is good for some tenants (transportation ease) and bad for others (noise, view).

How close to major transportation or major roadways?

Economy is built on transportation and distribution and is built around the 2nd largest cargo airport in the world.

"Check enclosed" type of mail.

How far is the stores, supermarkets, coffee shop, transportation.

It's also easy to transport.

You could subdivide parcels out later for more money.Generally older houses are smaller but sit on really nice size lots that you can't find in newer homes for that price point and area.Check zoning cases to see activity slated for the area,transportation road improvements,and other county and city projects that will increase demand for the area in coming years.Cash flow only is not everything for a property.If I can use the land or change it's use etc.

And as a pilot you have the added advantage of easier transportation for your long distance real estate investing...

If you plan on marketing, and have money to close, I would use that as a buying factor by enclosing POF with the marketing.

_r=1&em&oref=sloginOne problem with real estate is that it is neither liquid nor transportable.