It was a "bad" block, there was a lot of crime and poverty.

Currently there are 3 similar properties within a block that are listed at 150k, 150k, and 135k respectively.

there's one about half block from 1 train.. 80% renovated when the developer ran out of money (it's in good shape).. contractors estimated about another $500k work into this 5 story townhouse.. two 2bd 2ba floor thru unit and 1 4bed 3 ba duplex with roof top terrace.. plus a ground retail space..real estate agents estimated the rent in this area for 2bd 2ba is at least $4200.. and duplex at least $16,000 .. retail unit was already requested by a chain coffee shop for $12,500 .. annual expenses around $53k.. 7 and up cap rate.. bank wants $4.6mil.. which is way below market rate (local brokers estimated $9mil FMV when it's completed).. question is.. how to do this deal with no money down??

Nic, You said you've been shooting a while so you are probably way past this, but Greg Block has a local basic handgun class in which he spends significant time discussing the legal aspects of using your weapon to defend yourself.

I've been around the block a few times and I've never heard of that before.

So, we have hit a temp road block before we make further investments.

It's 2 blocks from the downtown and court houses.

(WDRB Fox 41) -- Police say a Louisville man was leasing out homes he didn't even own -- and his "tenants" were completely in the dark.29-year-old Gary Hammond was arrested Monday afternoon near the intersection of Cannons Ln. and Dayton Ave.Police say that on Feb. 24, Hammond pretended to be the owner of a foreclosed home in the 2600 block of Patio Ct., west of Manslick Rd.

New stick built houses are going in just a few blocks away selling for $145k to $154k.Worst comes to worse, move into it.

Know the area you want to invest in, you could enter the first part of a legal description, say souther Hills Block and see what pops up.