This was the cheapest house on the block that needed minor repairs.

Baltimore's ROI comes at the cost of having to know the city on a block-by-block basis.

Investment Info:Duplex buy & hold investment for University of Dayton (UD) students.Purchase price: $225,000Cash invested: $60,000UD student rental (8 bed / 5 bath) located in the off-campus student housing Mega Block.

I have a rental in San Bernardino that I completely renovated for 25K that is one of the nicest homes on the block now. 

They've been around the block for awhile.

Pretty thick wooded area in the back yard between the yard and the lake blocking the view of the lake. 

It’s a block from the Ellsworth/federal stop for the broad street line so it had nice access. 2. 

That's fine, from the outside I could see new roof needed, new HVAC, new windows, and the inside looked gutted.It was definitely the UGLIEST house on a nicer block, I just don't have that Kind of capitol. 

People in financial distress have a way of blocking out ugly realities in their lives, and tenants in low-rent situations are usually, by definition, people in financial distress.

Looking at it from this perspective allows us to simplify the problem by characterizing our hypotheses in the language that serves as the basic building blocks of how our markets come together to set prices.