I do not know how often the property will be vacant, but the property is in a popular neighborhood in Washington DC near metros and Amtrak.

Let me just say, that to judge one city by one neighborhood or so is sort of interesting.

I am trying to understand how to identify a good neighborhood.

It all starts with a great house in a great neighborhood, good schools, etc.

It appears that someone only needs to create a "draft" of a blog post and not an actual blog post, in order to increase their rank on the "top posters" area on the "Member Blogs" section.

Purchase SFR in Piqua Ohio, located in an "A" neighborhood.

The opening bid is about a third of the ARV according to comps in the neighborhood.

Welcome to BiggerPockets @John Weidner, it's always great to have an industry professional, that's active on the investor side as well, join our ranks!

I, however, have a very narrow focus - buy and hold in a low income neighborhood a few miles from my house.

Congrats on having the equity that you do.Let me try to explain my position: Because of the economic climate in my (and other) areas I can likely get $1695 out of a home in an 'B+' neighborhood for $150K ($300/mo net income if fully rented).