I’ll build a network as I work with other agents, lenders, and buyers/investors.Could you guys challenge my thinking here or suggest other reasons why this might be a good idea.

I worry that managing from afar may be a challenge. 

What are the challenges of flipping a contract like this?

There was a few challenges as we were dealing with an extremely short time frame and he started with only a weeks notice.

@Cayce Fedberg this is a question only you can answer, but I would challenge you to look in a one hour radius before abandoning your market.

The biggest challenge I see is dealing with that class of tenant and keeping the project going and producing at it’s current rate.

@Nick LarkinsOf coarse you should do it .. if you can manage the unique challenges associated with these neighborhoods.

The last park is the cheapest, bc it has the most challenges.

I think there will be a demand for more homes that won't be met because of the price range and people will have to commute.This will add strain to an already challenging price range- additional demand.

I appreciate the honest questions and hope I gave a realistic and somewhat thought out response on how I’d personally handle those potential challenges.