I suspect the lot is a thorn in their side, hence their attaching it to a property with such juicy returns. 

I love the can-do spirit of this website, but encouraging this is reckless.Get some experience in UK buy-and-holds before attempting it on the other side of the Atlantic. 

My risk tolerance is perhaps greater than most as I bought these site unseen while living on the other side of the planet (literally), but I also know that the rents in the market I bought are paying more than double the mortgage and I've got a trusted team on the ground. 

People who have their job or career that can support their families, and who invest on the side in real estate, seem more resistant to market corrections.  

I have done a home in a high violence side of town and was just fine.

It's not something I'd want anyone to start playing around with.well you have not lived to walk up to one of your meters and there is a Cloths hanger jambed into either side of it and the live 220 is duct tape to the end of the hanger.. now that takes some crazy you know whats to get up there with your rubber gloves and rubber handled pliers and pull that one off .. but seen it many times..   

These are 2 properties side by side, 1 Tri and 1 Duo.

That is on the north side of Austin.  

Brief overview of how I've arrived at some of the numbers: - Comps in the area for the ARV- Estimated rental rates based on local similar properties (this place is currently vacant)-Estimating the repairs on the home in a general sense: 30k per side (still need to learn more on repair costs)Am I doing something wrong here? 

Summers here are hot and humid with tons of mosquitoes, but fall and winter are great!