I have not heard about this transit line though so perhaps that's something that may sway my decision. 

And if so what was the decision that made you choose those locations?

Likewise, if you have experience with a poor PMC let me know as well.

So, accounting for Frank's question above, you should be able to calculate your MAO.We'll be interested to read about your decision.

Then, you can use this knowledge to make smart decisions if you build new construction or go after green loans or incentives for rehabs.

Having this in mind will also affect the decision making process when analyzing the location, the projected monthly rents, etc.Just be conservative in your underwriting and implement strategies to protect the downside before anything else.Good luck!

You'll see the numbers clearly, what it will cost, and what benefit is projected, and make an educated decision yourself (with the counsel of your CPA) and stop giving money to the IRS, that they allow you to keep!

I read rich dad poor dad a while back which sparked my interest in real estate but nothing ever came of it.

@ Terry LaoWow, thank you that is exactly what I needed to make my decision. 

Rich Dad Poor Dad, Think and Grow Rich, Millionaire Real Estate Investor are a few of them.