If I run my math now, I have to say that the figures are not that exciting, but I strongly believe in the area and think that in the coming years values and rents will appreciate.

I am not an experienced investor, but I feel that there is still great opportunity for cash flow investment with the added potential for strong appreciation as a bonus.

2. new windows (12 of them)3. new floors in one of two units (600 sq feet)4. updated kitchenI'm guessing I might be able to do this and get the units up to snuff for $55,000.I think the property has modest appreciation potential but strong rental growth potential.

I'm pretty strong person who likes risk and doing new things.

I do think about the next downturn and my theory there is that as long as my cash reserves are strong and the rentability is high then I'll be fine.

West Palm Beach is a pretty strong area and good place to start.

I have a strong interest in real estate investing and want to start my portfolio while working as a nurse to help fund my investments.

SF offers almost a complete lack of urban sprawl combined with very liberal city politics (a.k.a. stiff construction regulations) located in the hub of the growing tech industry means a strong investors market, if you can scrape up enough cash for the buy in.

@Jeremy Scott I strongly disagree with the phrase "they always OVERpromise, and they UNDERdeliver

(I can email you a strong lease agreement to review if you want)You may also want to take pictures of the damage done to the property and bring them with you to court.