I agree with most--it's a very rough area-- a lot of crime.However , because it is so close to other wonderful brooklyn areas , and manhattan, my guess is that in 10 years it will be much more highly valued, if you can tolerate the ride.

There are other ride share companies doing business but just wanted to let you know he won't be working for Uber in Austin.

If so, your property coverage is limited to these causes of loss: FireLightningWindstorm or Hail (USLI often limits this coverage to a submitted amount on the policy, not policy limit)ExplosionSmokeVandalismAircraft or Vehicle CollisionRiot or Civil CommotionSinkhole CollapseVolcanic ActivityIf nothing else, be aware of the following, but I would recommend getting a more broad coverage from a competing insurance company for no additional charge that would include policy limits for the above windstorm or hail, and the following causes of loss: Burglary/Break-in damageFalling Objects (like tree limbs)Weight of Ice and SnowFreezing of Plumbing*Accidental Water Damage (think of a leaky roof that is causing water damage into your property leading rotting wood and or mold)Artificially Generated ElectricityMy Best,Ryan Leavitt

Like yours, my time in has been a wild ride. 

Ride out the bumps.

Glad your joining the dark side. better buckle up cause its gonna be a ride to remember. haha Im just fooling around.

Even when I was really young (think 9 years old) I would ride my bicycle around the neighborhood, and would take interest in certain houses and would envision ways to improve their property. 

You learn how to ride a bike by getting on and peddling not reading it in a book.  

Call a home inspector in your local area and ask him to do a ride-along, and that you are interested in pursuing a career.  

I would advise you against that as well, but if you have the capital to ride out many months of lousy and/or negative returns, you might have a winner down the road.Here is how I see your situation by the numbers that I sort of made up, sort of matched yours:% Down Payment 25.00%Down Payment $60,500 Remainder of closing costs $12,000.00 (commercial loans require a whole set of inspections that are rather expensive plus all the normal fees/checks/invasions)Total Due at Signing $72,500 Mortgage Rate 5.00% (this might actually be high)Length of Mortgage in years 20Monthly Mortgage payment $1,197.82 Taxes $400.00 (this is one of those numbers I'd like to know exactly)Sewer and Water $- ( i was under the impression that the tenants paid every utility)Trash $75.00 Heat/Utilities $- ( i was under the impression that the tenants paid every utility)HOA $- n/aCap Ex and Ops $300.00 ( you have 2 buildings which means 2 sets of things to go wrong.