I don't think the economics supports a price of $600K and perhaps not even $400K for an income producing building.

I have a background in Economic Theory from NYU, and have been doing real estate brokerage for the past 10 years both residential and commercial.

Does anyone have any experience with holding a negative cash flow house long term and the economics moving in their favor?

You can find them at www.nwcla.com and https://masslandlords.net/wpoa/ Ask what they require for Gardner, it's definitely a lower class economically. 

I need to install fences on several properties with huge land sizes.The purpose of the fences are to increase security and privacy. These properties have designer interiors so I would like to try to maintain the integ...

The downtown economic club is a tough nut to crack. 

.), it has a greater effect on the economics of the deal.  

I would love to start with real estate, so it would be nice to get in touch with some local people as each market has its specifics (legal, loans, economical, etc.).Thanks in advanceVitusus

You may not be the wealthiest but in terms of a level of economic comfort and enjoyment if your passion is real estate you will be rich.  

While there are many other factors for making an area "highly desirable" or "undesirable" generally you should know the trends of things that matter to the tenants such as: schools, crime, local economic developments, companies relocating in or out of your area.According to latest stats, it appears home ownership is at lowest levels in way long, hence you can assume (pending the fannie mae 3% downpayment upcoming thing) that lots will rent.