If you guys could maybe take a look at these #s, and also suggest other items that I should be looking at/considering, it would be greatly appreciated.Preface: The property is a good condition, well maintained, block construction duplex in a VERY rentable neighborhood (walking distance from the state university)Asking price: $98,000Units: 2 2br/1bth'sAvg rents for 2br in neighborhood: $700-$750Property taxes: (annually) $1070Estimated insurance: (annually) $1000At full asking price, my PITI/PMI would be apprx $719 per month, depending on the rate (this is with 3.5% down on an FHA loan)According to the listing, the tenant pays electric, water, sewage, trash.

That is a dead end path, with many road blocks, and there isn't much down there.Having a plan is one thing, setting requirements is another.

I am a "new kid on the block".

Joel, from talking with neighbors there have not be any on that block, there several within 3 miles.

While anyone can work for H&R Block, so to speak, an EA is better qualified and trained in the area of taxation.When you finish your degree you could certainly make application with the IRS as with your background and then education you would probably have a better chance than freshly graduated accounting students.

., she could just as well live 2 blocks over since it doesn't change the school situation, so I have to keep the rent competitive.

We were located a block away from where the local soup kitchen so the homeless guys would come in and try to sleep in the hallways.

Some just aren't great at taking tests.I have always been an excellent test taker.My friends would study all week in school and know the answers but flake out at test time.They always hated when I studied for just 45 minutes before the test, went in and made a 95 to 100.I had the ability to block everything out and absorb the material for 45 minutes and take the test and then dump the info when I went out the door.The real estate test does not prepare you for real estate it just helps you pass the state mandate.90% of the stuff on there I do not use in daily transactions.

Others in the block had three neighbors.

In the 1993 Northridge quake, I do not know of one home that fell to the ground (not counting those sitting on stilts on hil sides, etc), it was only the apartment buidlings made from brick and block that crumbles.So with that said, I fear not the possibility of the home crashing to the gound.