Even the chip & joe effect can't save a 100 year old house with what over surprises you will find as soon as you open up the walls.I would like to make a comment in regards to your Baylor student housing comment:My personal opinion is that the Baylor student housing market is oversaturated and it is dominated by a few big players.

I have the players/capital lined up, I know how I want to structure the deal but I'm not sure where to go from here.

Secondly, I’m sure all a big talker like yourself saw were the big player inventory and big player price tags that your ‘big player’ company wanted you to see.

As an experienced investor & Realtor in DC @Shannon Erickson, it seems unnecessary to hire a property manager for a Condo in DC as you should be capable of collecting your own rent and addressing any necessary repairs/needs the tenant may have which should be negligible in a condo. 

Luke,I know a little about selling bill boards and that the pricing is usually a fairly simple function of traffic count.As mentioned above, there seem to be a few big players that dominate the market.

Glenn Espinosa If you're close to the border of the good and bad areas, and you can buy the biggest 4plex or cluster of 4plexs around (major player)- then you're set for a Landlord Driven Neighborhood Restoration type investment.If you've got the time to invest to provide leadership, then the petty crime issues will go away and you can meet your investment objectives.

Even a relatively cheap Costco system can provide great video and recording capabilities that are remotely accessible.

If you want to own the sign and rent from land owners, you are competing with some big players that will have a major advantage.

However, it is now clear that she is not capable.  

I am capable of offering even more money, but I also want to make it known that I will try to make continued habitation of my property as unappealing as possible.