It looks like a money pit to bring them back to life, and the average income in Oak Cliff is a paltry 45k a year, so you'll be hard pressed to ask for $1700 a month (I noticed they just built tons - and are building tons more - brand new apartments left and right which I would think would depress the rent market for the older surrounding busted up homes).  

Soak everything in like it's a brand new adventure and the world is at your fingertips.

I am brand new to the area so I'll be looking for real estate agents experienced in rehabbed rental properties, mortgage brokers, contractors the whole bit. 

Why so much new construction (central Greenwich) isn't SFH.I guess it depends on your target audience.

Hello, I am just starting out with investing and looking to get into real estate. I have been working for a little over a year now and have some money saved up. I was wondering if anyone has a couple words of advice f...

Brand new to BP, please tell me if this is the wrong forum.

Have done an extremely extensive full gut remodel (practically brand new home, literally everything updated/repaired from foundation, roof, windows, all exterior work, LVL beams to demo load bearing walls and create open layout, med to high end bathroom/kitchen renovations (master shower is floor to ceiling tiled in w/ double rain shower and ADA compliant, granite countertops, 6-8 person island, all new stainless appliances), all new electrical wiring, plumbing, etc., solid core doors, widened old 22' door openings to 24', new laminate wood flooring throughout, 5/8' baseboards/trim throughout, tankless water heater, tape/bed/texture/new paint on all new drywall), etc.I'd love to hold onto the property as I have no compelling event forcing a sale. 

They'll have a larger knowledge base than a real estate agent that is either brand new to the game or sticks to only primary residential house purchasers; giving you a smoother transition into your first investment property.  

., also spent $3k to put in a brand new bathroom with dual sinks and new fixtures.

Anyway.Thanks @Eamonn McElroy & @Michael Plaks for your detailed answer.I have a quote for $3240 for brand new system, 3T Carrier.