Both of them are offered as value-add plays based on a light reno which is supposed to result in rent increases of $115 to $150 per unit.I have my own thoughts on where I want to be in terms of property quality but I wanted to see if any investors local to the area or knowledgeable about the area could offer any opinion on what class these two neighborhoods/areas are and which of them would be more resilient in an economic downturn.

Better to not be the last one holding the expensive stick in my opinion.

I like offering up suggestions, opinions, information, etc on other threads, however I have never started a post simply to share information.

I would love to listen to you guys opinions ( right or wrong and what should i do ?

My opinion is that Subject to deals are great. 

In my humble opinion

I've never cared enough to pursue but since we're on the subject... can some legal folks shed light on their opinion of a a disregarded LLC as a personal liability shield when the activity of the property is on the personal return of the LLC member and all income goes directly to the member? 

Your knowledge, opinions will be appreciated!

The problem with a property like this, in my opinion, is you never know what you are going to spend. 

Allowing him out of the agreement today would be leaving the other tenants in an unfair spot in my opinion as well as theirs.