Mechanicals, roofs etc. can be towards the end of their useful life and pass inspection but then the cap ex can't be absorbed in many of these C/D neighborhoods.

However I mainly wanted to ask about getting housing leases from traveling nurses.I currently have a 5 bed 2 bath, 1920 sqft home in a great neighborhood located less than 1.5 miles from 2 large hospitals here outside of Richmond.

I've personally driven this neighborhood and was amazed at how nice and clean it is.

The company and others that he runs own nearly 100 properties across the city’s low-income neighborhoods, records show.

Talk to different agents in different brokerages and get a feel for what might be a good fit for you.

If you are neighborhood agnostic, sure, but the type of property you are likely considering will look like an underwriting dumpster fire.

That fits in perfectly with the narrative.

That will help you garner a better picture on if holding this property longer is a fit for you. 

I found a house that I like to purchase in a great neighborhood and the exterior looks great for a 1922 stick built house.

Sometimes even neighborhoods can vary street by street, so there's always a lot to learn!