2nd wed of each month 6pm at mahoneys in poughkeepsie for dutchess county group but ppl invest all over

Below are some of the data points I'm looking at in each city, what would you add/subtract, or roast me for? 

It cost us a lot of time and money to get it back in shape. 

Pretty much no unless you are doing something unconventional or happen to find some insane deal

Each year, the value depreciates, but you still need to pay for the land rent increase.

My gut is telling me that a bad tenant on disability is way more headache than I want to deal with.

In general rehabs have best return in highest cost areas.  

The partner is not agreeing to keep it, we have a mortgage on the house but still it seems that we will have positive income and around 6k-7k cash flow each partner.

Too many entrepreneurs make good money each year but pay Uncle Sam 35-50% of it.It takes a long time to build a massive wealth snowball when 1/3 to 1/2 of your snow gets chopped off each year.Real estate can help with this.

I know there are lots of stats and things to look at when analyzing deals as well as markets like job growth, unemployment, etc.