One thought about location - if you look in Beacon Hill or Jefferson-Woodlawn, you'll see a couple of neighborhoods full of cute historic homes that are gentrifying into the $250-$300 range. 

I am not Oprah Winfrey or *insert powerful woman's name here,* who can do things like influence government entities to raise or lower interest rates or interfere with natural market cycles.

A NON-investor friendly agent (or an agent looking to make a quick commission) would have said "yes, this house is SO CUTE!

So long story short I tried to help this woman out and register her property with the building dept as a vacant not fully understanding the fee structure and they disclosed a balance due amount on her property of 13K.

(The noise is pretty bad from upstairs honestly but partially due to the person being very large too...a 120 lb woman moving in there I bet it would be non-existent.

So, this woman paid $573 in advance and she owes another $573 on the day of check-in, which is today.  

I'm a single woman in my 20s and intend to live in one unit.

the 30k cheap houses when fixed up are worth 50k and your return is about 10% cap rate but cash flow wise if I would like to get about 60k per year from this already in retirement setting then I'd have to have 12-15 houses to keep up.I have asked the woman who rents her own and she uses homeaway and vrbo and nets 60k managing her 1 property which would be fine with me. 

Because of having my brain anuerism and stroke at age 54 just two days before I was scheduled for corrective surgery and otherwise being in pretty good shape, I was lucky that I was married to a woman that had been saving money for over 25 years and chose to keep me alive.  

It turns out I know this woman from church, although she doesn't remember me.