Story: Bought a home from PreReo.

So, while I do agree with the above characteristics of a D class neighborhood by responders, I don't think that is the whole story.

However, we are taking over from a PM to self-manage and are inheriting the current setup.Our biggest concern is that this first communication from the tenant was a sob story asking for $500 back/off rent.

I try to relay my story and talk about my experience to other seasoned investors.

Sorry for the long winded back story, but end game is to put a A frame on the existing 20x40' stem wall above near where I"m standing, and put some stairs into a drop down area below for chairs/fire-pit overlooking the river canyon below (but out of view) under where the drone is flying.

Looking forward to your stories and advice!

Hello Dennis,I'm glad my post could inspire and provoke thought for you.

So we had it on our personal return last year and i won’t detail it but it was a bit sketch when we had to provide financials (we can redact mine but not hers long story). 

You mentioned Midwest is what the research is pointing but I believe that is half the story.

Period, end of story.