-->Rental estimations for area are (conservatively): $2000 lower unit, $2600 upper unit.What about this doesn't work for you all, given our investment goal and strategy?

I do not think this topic has been discussed here on BP so let me throw it out there - lets talk about finding the buried bodies. 

It became everything from a drug den to sex trafficking to an illegal auto body shop.

When buying a fixer-upper in Waco, what are the key factors you look for to ensure the property has strong profit potential?

Living in an "appreciation market" (as opposed to "cash flow" market) is tough because 80% of the strategies talked about on BiggerPockets don't work well here, especially if you want to live in a half decent area.We looked at 2-family properties, but ended up buying a 2BD/2BA fixer-upper condo in an area that still allowed us to live life how we wanted. 

I ended up getting lucky and finding this one on zillow.The biggest problem I'm seeing is that everyone in my area wants close to retail price for fixer uppers - and people are paying it.

Generally, if there is a single deed restriction, only the individual or body who created it can enforce it.

which is fine Iv done plenty of cash deals but always using my own money I haven’t ever borrowed someone’s money or had a hard money lender typically on deals that wore 100k-250k Iv also used conventional financing before for flips and so on But recently every house worth looking at in my area is around 400k-550k for a fixer upper.

You can buy a large upper/lower with two identical units in decent condition for about 350-450k.

Starting in Highlands neighborhood (or northside) which used to be a very rough part of town, is now the one of the top 3 most desirable are in the metro and this has slowly trickled down into neighborhoods south.I am an engineer so I love to base my decisions on data, so for example looking at census data, I like to look at % of high income earners in an area to gauge if I should invest or notFor 80204 which includes the neighborhood of Villa Park, in 2010 the % considered upper middle/high income was 4.2% of households. 2022 census says that now it is 40.5%On the other end is 80219 which includes the neighborhood Westwood which would have the lowest income area on my list, in 2010 Westwood had 4% as well, by 2022 it had 21.1% high /upper middle income earners.I have properties in both and tenant applicants are a wide variety (lower income folks on rental assistance to high income earnings wanting to rent in an area before buying a home) so its hard to put a property class in this area.