I ran the address in areavibes.com and it came out as extremely livable at 75 where NY also ranked the same.

I've basically stopped posting since they downgraded, sorry redesigned, the website, I can't get past the extremely annoying forums page.  

I grew up watching my mom be extremely successful in the RE industry.

@Jonathan Godes the advice you provided is incorrect, however no fault to you as the code surrounding a situation like this is extremely complex :)@Kurt Pourbaix To answer your question, if all you are doing is lending then this will be considered a passive activity for you so your profits will completely avoid the SE tax aspect.

The holder of such a right does not own an interest in the real property of the owner but has an executory (meaning to happen in the future) contractual right which, when triggered, may require the owner to convey the subject real property to the holder."

Extremely difficult to find a good one that cares even 50% of the level you care for managing your investments. 

Are there certain cities that you know extremely well?

Understanding how a building is put together and what it will cost to fix or maintain an asset is extremely valuable.

first of all - congrats that you are actively looking and ready to pull the trigger on your first RE investment.I didnt see what the end game is?

Tenants hate garish colours and you will have an extremely difficult time renting it if this is not fixed.