Bottom line it's not very attractive to do; you hear it in a guru seminar once in a while, but nobody really does it, at least not in todays low interest rate environment.You want your cake and at it?

They rent well, stay rented and typically attract a much more stable (both financially and mentally) tenant.

I believe the dog food attracts rodents from the neighboring chicken coops.4) We will fix the doors.5) The property needs a new fence.6) Need new exterior mesh for the crawl space7) Concrete foundation, how bad can it be deteriorated?

Obviously, if your property attracts small families with children a playground would be beneficial.You'll want to value the property based on the NOI.  

quite frankly, the real estate business attracts a lot of unscrupulous and unsavory characters.  

In this area of town, one developer told me a cap rate of 7.5 may be attractive to investors.Any thoughts or advice here? 

Can I expect the lower unit to rent for less and be less desirable to tenants, or to attract a lower tenant quality?  

The law of 1989 limits this right to only those mediators registered with the Chamber of Commerce; the motivation was to exclude free-lance persons from profiting from an occasional dabbling in estate agency.The parties, buyer and seller, are free to agree the amount of commission to be paid to the agent, but in case of uncertainty, the Tribunal will make recourse to the local practice where the mediation took place in settling litigation on the matter.

There is a reason why the biggest builders in the world spend 2 to 3 million dollars for furnished models to sit and attract buyers.  

You want to make sure that you stay close to a train line as that can help attract potential tenants.Also be on the lookout for the tristate BP meetups organized by @Darren Sager.