Since the roaches will be attracted to the warm motor of the refrigerator, they will get the boric acid on them and eventually expire.

I can't wait to see it.Here's a link to a recent BiggerPockets article that features Memphis as the most attractive rent-to-price market.http://www.biggerpockets.com/renewsblog/2015/10/14...Hope that helps.

I also want to attract folks at the middle to high of the Rooming House tenant-type and this means no coin laundry.

I am sure it would only attract only the finest up-scale tenants 😨Randy

The cost of living will be lower, most likely a little safer, and closer to the jobs this population can perform(retail, call-centers).Other, places will be strengthen, because they are established and have good services and attractions anyway for people.  

Thoughts are to hold on until gentrification creeps up closer, however the holding costs are not attractive either.

Again, making it attractive to a buyer, you'll want more than 30 years.Both of these (rate and years) are only important in getting the first person to buy the LH land.  

@Mary GilsonWelcome to BP.When you factor in the 30% tariff on the loonie these days, the initial outlay makes U.S.A. properties a little less attractive than 5-6 years ago.  

Some days, a completely passive income sounds attractive, as @Dale Carlson says.

This isn't a high end place but I want it to look attractive and be durable.