Carnegie also has gas stations and vacant auto dealerships.

While he may have been overly negative I do think that he has some valid points.

You can wait for the 20% off coupon for Lowes or Home Depot and stock up using that, you can usually find one online that may not have a valid bar-code but can be taken to the competitor where they will match it.

I will live in the property for the first several years according to FHA standards and therefore cash flows may not appear as great during the early years.Purchase: $165,000Rent: A-$200 (I will be living in this unit with a roommate paying me $200-$250/mo, for tax purposes I may or may not pay myself rent), B-$450, C-$475 [$1,125/mo or $13,500/yr]      I believe potential market rent is in the $500-$550 range depending on updatesFHA Loan: 3.5% down, 30 year am, 30 year note, no points (+/- $900/mo PITI)Tenants pay electric, gas, water & sewer all separately meteredTaxes: $1,400/yrAfter doing a few initial calculations this looks to be a fairly solid deal.

I don't want to see any lives lost or a war break out but at the same time it needs have a lid put on it without TANKS rolling in and troops with gas masks tear gassing everyone to just go home and pack up there car and burn the city down.... if a war breaks out and things go too far i can see baltimore becoming a ghost town...

I would go to gas water  and electric .  

Are the tenants paying for their own gas and electric to their respective providers? 

., who does, however, have a very valid point when looking at his individual situation.Now when it comes to units held in my own name: I see no real reason to keep separate bank accounts as I'm on the hook personally anyway.

He says hewill get permit and bring inspector and report other issues to cause me trouble of otger rhings like gas lines etc

Matthew ButtnerI think many of the members here have some valid point and good ideas about how to proceed to think about this form a different mindset.