Understand your neighborhood and its target market.If the largest employer in the neighborhood closes, this affects the neighborhood.

Tenants can call section 8 on you for supposed code violations whenever they feel like it.If it was a seedier neighborhood and tenants were harder to find, then I might consider section 8.

If you are trying to flip or something, it might not be the best because the neighborhood is never gonna be a nice residential area for retail buyers.

Both were built in the 2000s and are in nice neighborhoods.

I'm also a new investor that lives in the Bellevue neighborhood of Pgh.

I also dig your website, though I wish your business worked with newer homes :)Following up on the premium question above: Comparing renovated houses in the same neighborhood, what is the premium paid for the convenience of a turnkey property.

Can be used by buyer as a RV or as a rental investment on the lot.These are the expenses:lot fees $315 a monthinsurance ~$80 a monthproperty tax ~$45 twice a yearutlities ~$125The comps in the area have a rent of 600-700 dollars.Excellent neighborhood.

However houses in my neighborhood (comparable to mine) are selling upwards of $300,000. 

You will likely need an architect to create some plans and elevations and/or renderings to show your proposed building will fit in with the neighborhood.

This is a 3BR 1.5 bungalow in a B class neighborhood.