That means there has been a consistent buyer for bundled mortgages, which helps keep the rate low and stable.

The broker stated that since supply and demand will remain relatively stable, this should hold value well.  

But like I said....we don't have all the information.Financing OptionsVendor Take Back - Figure out a formula that gives your Grandparents the benefit of stable income for X years. 

You are going to need a consistent and stable job history first so make sure to be intentional about that. 

The two 2/1 apartments were built to be 1750ft2 each at a time when the Borough of Homestead, two streets down, had the same population density as Manhattan has today.As far as the downspouts go, I don't think you're visualizing what's being done correctly. the existing copper gutter is actually being covered, as an integrated part of the roof, hanging within the fascia above the soffit, and new aluminum gutters are being installed at the edge of the roof, hanging outside the fascia.I flew over it with google, and did street view.It looks like a nice stable working neighborhood.I'm seeing a lot of cars of the type "payments being made"--a good sign, and well kept up buildings, good roads, etc...Looks like a very nice neighborhood to own in.  

A good tenant is someone who:Has stable employment in a market segment that is very likely to be stable or improve over timeHas a credit history with which you can evaluate the likelihood that they will performPays all the rent on scheduleTakes care of the propertyDoes not cause problems with neighborsDoes not engage in illegal activities while on the propertyStays for many yearsOnce you select a tenant pool with the highest concentration of good tenants, you can determine what properties they are willing and able to rent.Property SelectionYou select properties that your target tenant pool is willing and able to rent.

And as a tenant, what will you consider a reasonable compensation for your time and effort (and reimbursement for buying a quality caulk, not the cheap bottom-shelf crap that sells for 1/3 of the good stuff)?

What are some other stable, lower-crime neighborhoods that I should consider looking into for modest cash flows?

If you are financially stable, put that cash to work for you first!

Moving forward, we want a stable payment and for the loan to eventually be paid off.