It's a run down area without any gentrification visible or planned in the near future.35208 is a similar area as 35204 but it is more appealing to the eyes & gentrification has started.

I would have a lawyer hash out the details. 

Hard to really get into this without any specific details related to the financials regarding each house, but I’d start here...If you need some liquidity, I’d run the cap rates on all my rentals and identify the bottom 3 producing rentals.

Jack I have direct experience with this property type in that exact area, PM me and i can go into details in private.

Make it a monetary goal, number of houses goal, cashflow, wealth..etc... whatever you want the end of the rainbow to look like in your eyes.

I'll keep an eye out for ya!

I am being greedy and hoping to find a local investor who has done it here to bounce ideas back and forth@Max Householder there definitely are more than you initially realize once you start keeping your eye out for them. 

But it was eye opening to see how much cost the mechanicals could add to a project.

To give an estimate on the whole project, we would need a LOT more details.

I don’t have all the details yet but wanted to see if anyone can point me in the right direction.