G'Day Alejandro,As a few have already mentioned, take a peak at Toledo also.In my opinion lower potential for long term appreciation but solid/"boring" cashflow.I prefer my portfolio to be "boring" but cashflowing lolLow entry points (Sub $100,000), high rents (Above the 1% rule).Blue collar working class decent folks that will stay and pay.Depending on the area but no derelict homes, yards well kept, cars with wheels and all tenants are employed.Plus, all are sophisticated enough to pay rent online so property management doesn't have to collect rents with bullet proof vests and shot guns lolI'm bias toward Toledo but it's worth considering.Wishing you much success

Another time the entire rear wall was fallen down which you couldn't see from the front street. ....Every state is different, sometimes every county is different and there are so many variants in the sales. 

Front two units are full time STRs with a rear studio operating full time MTR. 

You do not need to reinvent the wheel.3.

So, I suspect his "whole idea" should be even less well received now, per Steve's pearl of wisdom two years ago.Here's the link: https://www.biggerpockets.com/...Perhaps read both sides of the argument there, before reinventing the wheel here?...

Offering a maybe 10% discount will help grease the wheels and the cost is small.

I'm fairly certain if I asked you to tell all of us your "story," busting your rear end and never giving up would be on your list.

The squeaky wheel wins in development so I'd recommend you staying on all communication with the city so that you can see the communication and push as the owner.

We did $20,000 of rehab with the new wiring plumbing, rear porch, landscaping, garage teardown & drywall. 

Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k too much for the land unless your exit is 3 million. don't reinvent the wheel. no single family home builder is paying 300k for land. that's miami florida prices where I live. we buy land 50k and under in Columbus Ohio. keep land at less than 10% of after built value.