The more you buy, the better your financial condition and the more attractive you are to the banks.Mike

Breathe Google :roll:

AND: my wife's family is here and we would have a good network to help us get started.2nd choice: Northern or Central NJ -- many of our closest friends live in the NY/NJ/Philly area, I spent 7 years living in NJ and the proximity of NYC makes NJ a really attractive place for us to live.

I'd leave out the bar-hopper comment, you might attract excessive partiers who skip work and can't pay their rent.Also, it's good that you mention a background check, but you need to list how much that will cost them.

If the house needs any repair or updating (and I have rarely seen a house that didn't), you'll need to subtract that also to get to the price that is really attractive to the cash buyers.All that said, in this market, you likely could sell that house for 125k.

So the security of a long term tenant is not likely there which makes selling the cell tower lease attractive. 

More cost and you need to prepare soil/foundation on lower course but will be a much stronger and attractive wall.

You may attract fraternity or sorority members, which would be great for reducing vacancy but potentially terrible for the condition of your investment.I don't know your market, so maybe filling a 6 BR is relatively easy and straightforward.

It is a fun city and it isn't going anywhere, you just need to hope the city attracts the right type of tenants (economically speaking) or you'll quickly erode the rather thin 9% cash on cash return you're looking at.Again...

It's mostly a tourist attraction due to the historical significance.