Fixtures and HardwareScope of Work:Replace all interior and exterior lighting fixturesUpdate door handles, cabinet pulls, and faucets to match modern designInstall ceiling fans in bedroomsEstimated Cost: $8,0006.

I’m considering amulti-family property in the 76104 zip code of Fort Worth, TX, and I’d love your feedback to help determine if this is a good deal.Property DetailsAsking Price: $169,999 (seller says it’s negotiable).Current Rental Income: $2,400/month (duplex is vacant).Configuration: Combination of duplex and triplex units.Some units are rented at below-market rates.The duplex and need rehab.Historical Income: Seller claims it previously brought in $5,000/month when fully occupied.ConditionBuilt in 1934, so it’s an older property.Some permits were recently pulled (e.g., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.

Generally larger commercial properties and shopping centers are easier to classify with hard and fast rules, but to the points above the residential areas really move very quickly and have way more nuance than most people care to admit.zip codes are generally way too large for my liking at least in my market to provide any kind of insights other than macro level economics but even then highways or rivers that cut through a zip code can end up with totally different trade areas.we can get pretty granular with cellphone data and with grocery center data to understand the trade areas and their true boundaries, but that kind of data pull is generally only cost effective for investors doing larger scale projects or developments, and honestly we still just end up getting on the ground and feeling it out, so I generally tell people that the money is better spent on a plane ticket and weekend trip in the area you are looking rather than any kind of "trade area" level data studies.and generally B class in 1 area means something different than another. 

Maybe some AI pro can provide a solution?  

The employer had been raided 2X previously where they pulled up tour busses to load people.

I am actually doing a flip right now and hard money lender isn't the easiest to give us a loan for the rehab (draws verse pulling all at once, which is normal).

Really pull out pliers tighten less than one minute, toilet paper dispenser screw into studs or use drywall anchor 5 minutes toilet bowl caps 20 seconds tighten door knob 1 minute.

of the "great photo" examples having calendars that are wiiiiiiide open, with barely a booking on them.Fair enough, I pulled these from first page results of nation wide searches (it was skewed SE for me because I mainly look in those areas) so they obviously rank very high on the algorithm.

The data they pull from the tax records on how much a home last sold for, often not updated, or completely wrong.

Simple solution to that- don't run slums, keep your properties in good order.