I have come to the conclusion I have no use for a Buyer's agent, I just dont need the hand holding, or the negativity.I will simply contact the Listing Agent for a showing, after having checked out the House and neighborhood on my own.I am guessing the Listing Agent will attempt to say this is against their "Code of Ethics" or some other crappy story.So, if anybody has experience with this concept , please post, and let me be wiser from your experience , and hep me smooth out my presentation to the Listing Agent .thank you for any and all comments.

If you are interested in a property then you should use the worries put out there in the media (about the economy) to get the property at a price that will support a deal in your neighborhood.

Here is the situation:An OK property (needs work though) but in a very bad neighborhood (I am talking drug dealers across the street, bunch of boarded up props on the block and constant breaking ins (at least once a week - the property is vacant).

There are two houses in my neighborhood that are diistressed.

It sits on roughly 7 acres in a mixed residential neighborhood.

What you think about this neighborhood in Richmond?

I’m going to start driving around some areas to get a feel for the neighborhoods.

Were the rest of the houses in the neighborhood much nicer than this one?

If I can suggest one thing, prioritize neighborhood over anything else.

Here's some information on a plot of land I am looking at:The plot of land is $70,000, in a beach town (not a popular destination, but also not in a completely run down neighborhood)Has already been zoned/approved for 750 unitsBased on demographics I put rent at $1200 per month per apartment I calculated a construction like this will be around $7 million.Basically, I ran the numbers myself, but I know they are not spot on, and I am simply asking for advice from somebody more experienced in this field to help me out by pointing out things unique to these types of projects.