When I bought it in 2011 it was purchased for $110,000 and it's worth something in the neighborhood of 160,000 today, and I still owe about 69,000 on the mortgage, so i have a good bit of equity.

Does anyone have any experience with that neighborhood?

Hi My fellow BP members,I am a out of state investor trying to find a decent cash flow SFR in B+ neighborhoods in Montgomery  and one of the turnkey provider has a property in Lynndale 36116.It's at 80k sell price and cash flow looks decent but based on my initial research on the neighbourhood it looks like C class based on median income and employment statistics. 

I found some lots in old neighborhoods, but not sure if it would sell...So just wondering how is everyone else flipping 10 + houses a year?

I understand that this team will grow organically with time, diligence, perseverance and creative thinking :) Thanks everyone for reaching the end of this post! 

I know Eagle rock is the place to be, but also the other one also pays for itself.Eagle rock has a long way to cover its own expenses as the other 2 tenants pay so low rents and does not seem like they will be going anywhere any time soon, so I am not sure if I invest in the Eagle Rock property and carry a large negative for at least next 10 years or go with the Bread and Butter property and stay in a not so good neighborhood.What do you guys think, a better neighborhood or an easier investment in a not so good area?

You're busy, "cheap" midwest houses are not what you want, invest in quality product (A/B neighborhoods), this will reduce your risk.

And then you have to prove it was the prior owners burned out couch and not some jerk from the neighborhood.

To do this, you need to be working neighborhoods, mailing letters to abandoned and distressed properties, networking so that everyone knows what you do - outside of investor groups but where the public can find you.

I also envision these developments being more aesthetically pleasing making them more attractive than most tenant heavy neighborhoods.