It's been more challenging than I expected to find the right property, part due to a hot market in Houston and part due to my inexperience.

My hot buttons to draw attention away would be crown, fireplace with limestone, fancy light fixtures, upgraded cabinet doors with 30" uppers, stained concrete or laminate floors and stainless appliances and brushed nickel everywhere and two tone paint.

. $34920 yearly gross revenuetaxes= $5500 per yearInsurance = $2500Lawn snow= $1200the building has 12 year old boiler with a baseboard hot water heating system.

Wikipedia says the perimeters are: 54th St -71st St East of I-95 and West of Biscayne Blvd Miami is a red hot market right now but properties are still as cheap as chips in the ghetto that stretches out West including Brownsville and Liberty City- cos yeah, no one wants to risk getting shot for buying a cheap property.

Pennsport, Point Breeze and Passyunk Square are hot but not fully developed, there's still a few gems to pick up.

As to motivation - he's what I'd call a warm lead - not hot yet, but the new build behind on his spun-off land is complete, while he wasn't the builder or GC I know he kept tabs and visited that project alot . . . he lives about an hour away . . . he's open to owner financing . . and he called me back, not vice versa. 

Self-help eviction can get you into hot water with the court and possible hefty fines.Your mistake was waiting to file eviction right away and listening to the sweet talk of a tenant.

Ie zip codes, household income, age. 

A tried and true measure that has been around for a long time and is still relied upon today is the ratio between median household income and median home prices in any given market.  

@Tunji Ogunmefun With your rehab experience you have a better handle on costs that I would - Hamilton is one of those hot areas - you may find a private lender/partner/mentor if you post in the Marketplace, especially if the house has potential to appreciate.