Meaning we cannot just provide the bare essentials to this new block of renters.

The area just a block or two north and south of Colfax is the seediest part. 

Even the more specific area you ask about would be a crude generalization without knowing the specific block or condition of the house. 

So, it’s very helpful to look at all the deposits and if they are not obviously payroll please try to document what the source of the deposit was.2.Your most recent 1 Full month of paycheck stubs including YTD totals3.Your 2 most recent years W2’s4.Your 2 most recent years Federal Tax returns, including all schedules, if self-employed please include all corporate returns and a YTD P&L.5.Current Statements for any Certificates of Deposit, Stock, Bonds, Cash Value Life Insurance and/or Retirement Acct (IRA’s, 401K’s,401B’s etc) if applicable (all pages).6.Legible copies of your Unexpired Driver’s License, these do not copy or scan well so feel free to text or email me a clear & legible copy to this email or text (phone blocked).7.Employer’s HR Contact Name and Number if known (if your employer uses a verification service called “The Work Number” we will need your salary key).8.FYI PURCHASE- A copy of the purchase agreement with a copy of earnest money check.

I have seen entire city blocks rezoned to commercial and knocked down for a strip mall, so the land can become more valuable, but depends on location.

Looking around on zillow in my city of san antonio and i find a house thats being foreclosed for 160k, everything looks to be in good condition.... a few blocks away i find a literal mirror image of the same property listed for 120k, opening bid at 80k except the carpets are all stained, theres a dent in the wall about the size of a basketball, grass is overgrown, theres no tile downstairs (just cement slab). i feel like this is  good entry home to start flipping seeing as though i have a comp right down the road. 

I have only had a few meetings, and the number they had in their head, obviously not a realstic one, they are comparing their house to the most expensive one on the block that was fully renovated. 

So far, FOUR no's haven't been understood by him, I just blocked his number:)

Make a couple of trips out there and drive street and block of those areas.

Here’s a story of how I got a FREE Cabin.Lease Option Purchase (172k) 2yrs ago Then Vacation Rental (VRBO) that paid for lease cost, used cabin when not rented or blocked out our own time - sold in March for $187,500.