Are you investing in an area you know so you would recognize a  bad neighborhood? 

Does anyone recognize this as an old water well or something else?

I don't think multi family investors recognize the tremendous risk they are taking by buying at low cap rates.

Your Job as a investor is to be constantly looking for said opportunity and to recognize it and capitalize on it.You can set goals such as "Buy a house in the next 30 days" But don't make the mistake of buying a marginal deal because of the self imposed deadline.Best of luck!

I'm learning to recognize good or bad deals and would like to use this as an example.Thanks!

Income has never been the problem, income that the bank will recognize is the issue. 

It is my hope that he will see the return address, recognize the last name, and ACTUALLY open my letter and READ it.I am not against talking to him on the phone, and of course will include my phone number as one of the methods of contact. 

Ohio law is similar to Kentucky's: 5321.13 Terms prohibited in rental agreement(C) No agreement to pay the landlord's or tenant's attorney's fees shall be recognized in any rental agreement for residential premises or in any other agreement between a landlord and tenant.You should do some Googling of laws in your state/municipality.

You'll see the differences in brick, stone or siding and you can see the quality of construction as well as the apparent condition, you might even recognize the builder.Learn by getting out there and seeing properties in person, you'll know what you have to drive through to get there too, some areas can have price differences due to having to drive past a factory area or poorly kept areas.

Problem was mom was with her to look at the house and her mom have a very very easy to recognize voice and way of talking.