Can you post a picture?

What are your financial goals, and how does real estate fit into the picture?

They can do some custom-ish and it would match their own portfolio interests.

I'm trying to figure out, big picture, if this is worth it and I would DEEPLY appreciate the advice of people who have been working with real estate (investors, financial planners/investors, people who just know a lot more than me) sharing your invaluable advice. ;-)Quick facts:Current mortgage of $204kCurrent Appraisal in Austin market is around 330-350k (could be more, but that's being conservative).

In the picture below, the property is outlined in blue and the gas station in red.From an environmental standpoint, is this too close?

Accounting system of some sort (Quickbooks), and then your biggest challenge will just be marketing and getting customers. 

Soon the sellers will be out of the picture and you won't have to deal with them. 

Now I do advise my customers to insure the full replacement value so that if a fire or anything else does wipe out the house you can actually rebuild it, but its up to you whether you want coverage to rebuild or just enough coverage to protect what you bought it for. 

And selling for 69K There are pictures and it is in decent shape  Would you reccomend and appraiser  , inspector  to help me make a better choice  and PM company to run it smooth.Any advice appreciated  Nikolay Voronovich 

I would plan to be at the appointment with the pest guy and have them point out any issues they see, take lots of pictures of any potential issues, then send written notice to all identifying issues that are causing a continuing problem along with written notice that inspection of all units will be scheduled each time a continuing complaint is received and units found to be contributing to the problem will be billed for the treatment.