It is a tear down opportunity.asking Price : 400ksqft: 2,954Built in: 1948Arv: 775k to 880k I would study the area more and push something more high density like condos or a 4 unit and lower the risk through multifamily density and rezoning.

Unless they provided you proof of replacing the line out to the street with PVC I highly recommend it.

Hello BiggerPockets Community,
I've recently acquired a property through an auction, situated in a C area. My plan is to hold onto it as a rental property, targeting Section 8 tenants, as the rental income is quite a...

But Ive owned in those high risk areas before, and it can be brutal

Some of the indications I'm getting are that we're pushing the limit; the amount of 2/1s north of $300k or in the high 200s are absurd.

I've searched high and low on the forums and haven't found any good solutions.

Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

I've compared the prices to Pipedrive and other software I've used in my current profession, and it's been enlightening.I'm targeting property owners with high equity who have held their property for 15-20 years or more, and ideally with some kind of lien or code violation attached.I've heard that direct mail campaigns can be very effective, though I find that cold calling has always worked best for me in my line of work.

There's a high chance that the tenant has abandoned the unit.

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).