Each unit is 3 bedrooms, but they are on the medium to small side, and the interiors is just the basics.

I'm Keianna Rae Harrison an investor (fix and flips primarily), interior designer and home stager based in Indianapolis, IN. 

Check the exterior to protect the interior.

From looking at photos, and visiting the property, I could tell it would definitely need work: new siding, some roofing work, interior touch-ups, etc.

The rentals around it are in much lesser shape, the interior of the home is pretty close to econimcal obsolescence I would say.

At a minimum, I think this place needs at least $50k in work to stay standing, and I think that's me being very conservative.All of the interior hallways and units have not been updated since probably the the 70s.

I do allow pets in some of my rentals, but I have to say, they DO add to my cost, yet I do not charge a pet fee.Here is a list of things I have personally experienced a tenant's dog do.Dug out sprinkler heads pulled them off the lines.Yanked out sprinkler controller wires.Chewed off corners of interior doors.Scratches on exterior doors that looked like the XMEN Wolverine poster.Broke the lower portions of wood blinds.Bent or go THROUGH window screens.Yanked kitchen cabinet door hinges completely off.Removed 80% of paint off cabinet kick plates.Chewed off the bottom moulding of a refrigerator.Exterior door weather seal shredded to pieces.Dog poop all over the back yard when tenants agreed to clean up after each time.This is a new one this week - and I am still unsure how this could happen, can a dog's teeth be strong enough to put a dent almost a hole on the aluminum threshold of an exterior door?

And if its been stripped to studs and interior needs to be completely redone it has to be really a right deal.

Interior and exterior amenities can add some value but whether or not you get back what you put in depends on a lot of variables.

Brewerytown and Fishtown look over-valued for what I see on the web right now.I found some intriguing deals near University City, but the homes look very old and need a lot of work on both interior and exterior.