We used to do a lot socially which as the years have passed has dwindled but do still make time to have a meal together now and then.

The property I bought was a referral from a past client and a deal I could not pass up.

While having a few vacant units I keep on receiving applications from tenants with a nice percentage of these applicants have in their record an eviction..Question to everyone, Would you even entertain an application  with an eviction on their records if you own properties in lower income area's?

I would be careful about sourcing these types of lists from other operators, it takes awhile to build relationships with various companies and most of the company contacts don't like their information being passed around

Dont let time pass, fix it now. 

If I was in your shoes I personally would pass.

Pretty much every interest or hobby that my kids have gotten into comes and goes with the passing year or season; however, the skills that I can teach them within that window of interest sticks with them (hopefully). 

They also passed a state law that any R 1 lot can now be a duplex but this has not moved the needle much duplexs of new construction still cost far to much to build given land cost and building cost to be quote un quote affordable.

Unfortunately very few who seek out these assets take the time to consider their exit and fail to realize they are the most costly assets to exit, let me explain why: Here's how that disposition process to an owner occupant looks: -You will incur turn over expenses associated with vacating the tenant in preparation of the sale -The natural buyer in this price point is the FHA buyer who will normally seek a 5-6% seller assist  -Passing a Section 8 inspection/preparing a home for a low income tenant is very different than the expectations of a home owner,   particularly the FHA buyer who cannot afford to take on any deferred maintenance.

I plan to buy and hold the good ones using hard money and pass others along to interested investors here in the Brooklyn area.