I am attracted to the low property taxes.

At this point I dont really care what it costs, the amount of opportunities, and the value of those opportunities are costing me millions at this point, so if there was a magic button to mash, please, by all means, show the way.

Real-estate investing is a very attractive pursuit for us because it has such good potential for providing financial security.We have both been reading the forums and listening to the podcast for several months now, as we've been working on finding and closing this first deal.

If you invest in your kitchen you will attract renters quicker and more consistently than if you invest in another bedroom..

Will you be able to raise rents and attract better tenants (i.e. is it an area where better tenants want to live)?

If this were a long term lease (say 10 years with a 10-year renewal option) and the lease payments were at saround 90% of current year potential NOI, AND there is no deferred maintenance or capital expenditures to be done then this could be an attractive deal for both sides.

Half a million for a property that needs a little TLC, that you'll never rent for more than $3k a month tops.  

Million dollar to million dollar.

Built a several million dollar portfolio up to the age of 28.

I need some help evaluating how my current primary residence would fare as a rental property - demand in my location, what type of renters I could attract, what type of rent could command.