This lot is 1 acre and is adjacent to the corner lot, also 1 acre, occupied by a dilapidated gas station that could possibly be torn down and developed.

Yes, PCS is military for Permanent Change of Station, which just means that we are being moved to another station/location/assignment.

They could be Station Numbers, which is how you measure and locate things along a baseline (think center line) on a linear job.

Im in the Army in Colorado but currently have a SFH in Texas, unfortunately it doesn't produce any profit (it was my residence when I was stationed there) .

As for the property analysis:2 unit, 2500 sqPurchase price: $179KRent roll $34,200 Gross income $31,350Total expenses $11,920Net operation income $19,430Net after mortgage $7,743Cap rate 9.91%Cash on Cash 17.44%I'm going to put a down payment of $44K for the mortgage.It's a turnkey project, the house is going to be purchased after the house is fully renovated and populated with tenants.I'm paying 10% for management(same guy that renovates the place will do the PM)It sounds like something modest to start with, there is a big hospital next by and a police station in the end of the street. it's also a 11 min drive from the Rutgers University.

Maybe the topsoil is contaminated with lead based paint or oil from a nearby gas station.

Pro's- literally 5 minute walk from the ludlow station, turn key(no renovation needed/owner was a contractor), extremely friendly tenants(spanish), safe feeling, clean neighborhood, coin operated laundry that 3 buildings use, potential for upside by increasing rents 3-5%, potential for appreciation if the area get's developed and gentrified(longer play)close to st peters catholic church & Pearls Hawthorne School.

Put hand sanitizer stations?

@Geetha R.I've seen some deals out of College Station, don't know if that's in your geographic area but I'll send you the realtor's info that sent them to me.

The unit is only a 3 min. walk to the red line train station and I'm wondering if the numbers for the 02124 zip code make sense... bare in mind Boston is insanely expensive right now.