I expect cities with beltways around them to take the biggest decline in many areas.

Purchase Price: $300kMortgage Payment (Interest Only): renegotiating to $500 Taxes: $375/monIns: $100/monLawn: $100/monVacancy/Repairs/CapEx: $300/monTotal Monthly Expenses: $1375Total Monthly Rent after Reno: $2000/monTotal Monthly Cash Flow: $625Rehab Budget: $50kTotal Annual Cash Flow: $7500Cash on Cash ROI: 15%Build New: The biggest barrier to entry is the size house this neighborhood calls for.

Biggest consideration will be finding a quad in a C neighborhood that passes the “am I comfortable moving my family here” test.

Good first project away from home, a restoration that did not need the extensive work and expense of gutting, learned that reliable labor is the biggest challenge in Indianapolis, communication skills are put to test on a project like this, the beauty of an historic home brought back to life is reward itself.

It's the biggest reason why my house hacking experience has been very positive while some of my friends have had not so positive results.

Talk with a local insurance agent.My biggest concern is that you'll have to dump more than $16k into the reno.

Getting a beautiful property rented out above 3000 per month is not your biggest obstacle..

So..that is probably the biggest reason we would love to go ahead and find House #2 (found 2 great possibilities) and move. 

In addition to the density bonus you also get up to 5 "incentives" which can be used to alter or reduce development standards (such as increased FAR, reduced setbacks, etc).

Biggest thing is anticipating problems before they happen so when they do (they will) you can have options.