I live in the South Dallas as well and would love to meet over coffee.

Do you live in Melbourne and are you familiar with the area? 

And to your point the better tenants also want to live there. 

Building codes are continually changing.If you are insistent on living in a property under to today's code, you need to live in a new construction property.

As you imply: there is no set standard for "conservative", but my personal POV is we are going to be living with 6% interest rates for a while.  

If you have any further questions or if there's anything else we can assist you with, please feel free to reach out to us.Thank you! 

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories. 21.64% of the total depreciable basis was classified as 5-year class life.

Who wants to live in a slum??

I can assist you with those needs too, should you need them. 

A 1,767 SF (Living) for $369,900 and a 1,767 SF Pool homes for $479,000.