This way you can experiment with two different ways to rent out your space (by ppsq as well as by seat) and see which way brings in more demand.

Like most advice I got, if I can generate cash flow or income greater than my current job to help me sustain then I'd feel more comfortable.

I guess the way I look at it as far as going into rougher areas is that if I hire a PM (which I plan on doing) who already manages a ton of properties in the iffy/inner ring suburbs I feel comfortable with it.

You're familiar with and comfortable in an area where a lot of other investors currently don't want to touch.

Since my inspections are tomorrow and I will be spending quite a bit on them, I would like to feel very comfortable with my decision to continue, barring any unforeseen problems with the inspection.

I have purchased property sub 2 but they had equity and I was comfortable doing the deal.

Khakis or slacks will work if you are not comfortable in suits.Make sure you are well prepared and organized with all the necessary forms you might need.

Don't just take what you read here as the gospel.At the end of the day, you have to decide your risk factor, your comfort level, consult with people you trust and make the call.

Do you disqualify a place if the list price is outside of your comfort zone, or do you just ignore it and make an offer at the price that makes the numbers work for you and put the onus on the seller?

Antioch may be the way to go, i'm comfortable with rougher areas.