Slow drip from ceiling in kitchen.

If so, there might be a slow leak in the main.  

Strawberry Mansion is slowly getting spill over from Brewerytown, but its a very slow spillover. 

Consider setbacks (from the property line), etc as they will control how wide and deep the house may be and how it will sit on the lot.

Sometimes it is discouraging going so slow, especially when you listen to the podcast and hear about a guy 10+ years younger who bought 25 properties in his first year of investing.

Bank turned off electric, sump pump couldn't work, flooded basement, and caused mold in house, had to gut all walls, ceiling, insulation, baths, kitchen, floor covering, everything to the studs, and needed new roof, new electric, new heating and most of new plumbingOther than that it was a slow year! 

To get the best price you need to have a properly performing property.. get rid of the manager, find another one.. use google if you have to... you are going to get 60-80% of the value if you sell with a vacancy.. suck it up, get a new manager, claim some proffit and then get out.Honestly, you should dig deep with these potential buyers and see if they are related to the manger...

So all you end up doing is spending some cash and slowing everyone else down.

One negative issue with this strategy is you have to keep looking all the time to grow your portfolio esp if you want to find them at a deep discount vs with larger multifamily you get a lot if doors at once

I've heard two strong opinions 1) it's a bubble, so let it burst and then buy the next home 2) it's the last bastion of 'coastal' cities that is still undervalued and the flood of money and people moving into the city will continue unabated even if rates go up.I tend to lean to #2 from all the metrics I can look at, so it seems to me that I'll slowly lose buying power if the prices slow and the rates go up. 1) Buying the big home now (talking around 700k for this area) seems like the easy way out, and I'll gain the appreciation on it.,....but be highly limited in any other investment maneuverability until I gain equity again.