Rent and refi won't really work, rents are kind of low in that neighborhood.Best would be if I had a crystal ball to make decisions, but as mine isn't working, I'll take your advise on how to decide these things.TIA!

Anytime you have literally 100k lots of record that can be built on and price points so low your going to get a run on the market which if there is a coordinated sales effort it can outstrip the ability to execute..

If weekday demand is low across the board, you need to stand out.Promotions & Strike-Through PricingAirbnb loves deals.

It’s a low-risk entry into real estate with built-in cash flow potential.

I would assume the % of man made fires caused by Arson is pretty darn low though.

Target Low Vacancy RatesChicago neighborhoods like Lakeview and West Town boast low vacancy rates, meaning fewer empty months.

That ship of low rates that sailed could come back?

Sometimes people will list it low knowing that there are repairs. 

So, go with a good solution on the deadbolt.Screw a lockbox in a wall near the door for an emergency physical key.Find a locksmith that can rekey the doors between tenants - put ALL locks on the same key.Most electronic locks warn you when the battery is getting low.

The land is in a very non-desirable area pretty much in the middle of no where so I would assume the cost of the land is low but don’t know how the ROI would be after you had the infrastructure up and running.