If the main drawback to this property that has been scaring away investors is that power pole, and if it  really isn't that expensive or unfeasible to move it , it might be worth investigating this further, as the location is great and price looks good!

Obviously the rates will not be stellar but there must be some benefits to doing this.

I main 9 lists.

Since I got my contractor's license at the beginning of the year (mainly for my own real estate purposes), I will be contracting them myself. 

My main reason being that I don't want to switch careers to Real Estate, I just want to use property as passive income.

However, when I add back the principal and the tax benefit my net return is around 8.5%-10.6% per year. 

What that means is you basically ethically bribe the tenant to accept a few thousand bucks from you in exchange to get out in 30/60 days instead of riding out the lease.You'll have to do the cost benefit analysis though: are the rents so low that waiting 6 months isn't the better option?

@Antoine MartelI'm mainly staying in the $140K-$160K range.  

Trying to locate Sam Smith who once lived at 123 Main Street - call 1-555)Thumbs Up if this has  been helpful ----- Charles

I would highly appreciate if anyone wants to share, or recommend a move for me that would benefit my knowledge in understanding the market better, process of buying and selling etc... would becoming a real estate agent/ broker be a good step forward?