The houses are located in a lowerclass neighborhood in pittsburgh.

The neighborhood was selling b/t 440,000-525,000.

Lubin PM, and Poplar PM.We will never invest in minority cities or neighborhoods again, ever!

Ed,It would moderately suck to do this and get moved but I am comfortable with the situation for a couple reasons.1) There are many good programs in SE michigan which are all going to be ranked at the top of my list.

If the numbers work, I believe its a great approach to your business.I know many landlords that have rentals in their own neighborhood.

If I look to neighborhoods on the next "quality" notch above those I've been buying in, the houses that I could get $800 a month rent on would cost more like $70-$90K instead of $30-$45K.

My very lazy and not very encouraging roommate hates walking the neighborhood with me :mrgreen:.

But I need to have a more realistic opinion of what houses in one neighborhood rent for vs a similar neighborhood across town.

I walk my neighborhood daily and end up with a list of 10 more houses that are either: abandoned, realtor for sale, condemned.

I think it would totally depend on what type of neighborhood your property is in.