Our street is next to a fancy country club neighborhood, with a golf course & yacht club. 

The one on 3rd street?

You take hundreds of risks a day by walking down the street and driving in a car.

Odd to say the least. 2522 H Street Bellingham Washington, 98225MLS #: 1283622Thanks everyone, and happy investing!

If she wants it to be real estate related (which isn't crazy, rents hit an upwards inflection point a few months ago due to rising consumer-facing mortgage rates and how "substitute goods" work, and all the real estate builders switching from SFR to multifamily tells you where they think the football is going to be in 2-3 years+), look at shares of some of the Wall Street megacorporation landlords that everyone loves to hate.

town housed across the street.

Focus on addressing safety and structural issues first.Be Open to Compromise: Negotiation is a two-way street.

With your numbers you would be better off placing the down payment in an index fund putting 1800/yr into it, and anticipating 5% returns and you would do BETTER with less headache and uncertainty.Then just down the street I bought a 4b/2ba house that was 1500 sq ft in Sterling Heights with Utica Schools it was $92K which needed $13k in work.

Even if the numbers work out well, based on google maps street view and aerial photos, you're looking at a slum situation.

Then from there, just click down the street until you locate an abandoned-looking property.