It may, under certain conditions (like below 40 degrees F), survive more than a couple of days, but that's it.

The area has a lot of custom, older, and non track home type homes so the values you might get on appraisal range could drastically vary.

Then you've got something with more Equity and more Cash flow.Also figure out what you and your spouse can do to max out your jobs (promotions, increases, CEUs, Courses in new technology, degrees.

Not sure if you have any other capital, but I would imagine it would be difficult to obtain financing with a part time job.Do what I did -- finish your degree and then buy up a multi as soon as you can and live in one unit while renting out the others.  

But if you do not have any experience in property management and am new to investing I highly recommend hiring a property manager for at least the first few years since certain areas can have varying code requirements for apartments.  

I graduate in December with my Bachelors degree in Human Services, after that I want to start my business. 

I am from the NW suburbs of Chicago, IL and it took me getting my degree, and MBA to realize I want out of corporate America, and want to build true wealth with real estate.  

I plan on hitting the same addresses about 5 times with varying pieces...letters, zip letters, postcards, etc. 

You will find treatment of "subject-to" will vary, from attorney to attorney.

The draft hood is open on it's underside so that any negative pressure, beyond the minimum required by the boiler, sucks in only room temperature air - rather than sevevel-hundred-degree flue gas, which you have paid to heat.A barometric damper on an oil fired unit accomplishes the same task but a Draft Hood has no moving parts.