READ, READ and R E AD some more. 

E Chicago is in the middle with good pockets.

I do have an O&E report on the property that shows no other liens attached, other than the 2nd, and I have a cooperative borrower.

I see many invest far away and have little clue about the exact locations fundamentals, schools, crime, actual vacancy rates, jobs, future jobs, future developements and sometimes the sellers even have less understanding.

I agree with @Dave E. and @ScottM. 

Based on my fundamental analysis it ranks very highly (affordable, growing, not much new supply).

My orientation here is fundamental, meaning it can be applied in all situations.

I wouldn't do a flip there either-- just rentals.The government/city of Petersburg is a crapshoot-- it's so poorly managed, it's embarrassing.. their fundraisers are embarrassing..... e everything about how the government is ran-- is just a joke. .. gosh even their holiday decorations are embarrassing!  

I'm guessing since your house dropped so much in value maybe it's location doesn't have as good fundamentals (population growth, job diversity, etc.) ?? 

So, still about show #35:Josh and Brandon comment how they say "awesome" so many times that people would create a game that every time they say "awesome" in the show, some listener would do a shot of alcoholic beverage;- They also asked the listeners to share one of the "Tweetable Topics" to enter the chance to win a BiggerPockets e-book.