Increased risk warrants increased revenue to compensate for the increased risk. - many LL did not get paid full rent during Covid.  

its not a great house at a great price if noone is buying. and I will say that I have been part of neighborhoods changing for the better. however it's not something that can be easily done it would require moving into the neighborhood and an effort spanning years. and you can't do it alone you need other neighbors on board. it's not easy to gentrify the neighborhood it's not something you do it's something that happens. at least if you're close to the sheriff station it will discourage criminals and people with warrants outwhereare  the younger families buying homes and price your home under that.

Specific facts and circumstances might warrant a shorter (or longer) period. 

This is the first year that I feel like my taxes are complicated enough to warrant expert advice and am looking for a firm that can offer comprehensive tax filing, strategic planning, and good customer service.

And is it realistic that my friend should expect to sell these properties for significantly more than the actual numbers warrant?

Do basic repairs to maintain safety and no more if the area does not warrant better.

I've never worked with a portfolio lender and would have to assume that my one other property wouldn't be enough of a track record to warrant some crazy deal like 10% down.

Basically, that risk warrants a huge discount on price to have a margin of safety.

I've been doing research and want to make a move as soon as I find a deal warranting investment. 

I would want a warrant from the Seller/Mortgage the lien is a valid first lien.