There is considerable crime and the houses are usually in reasonable states of disrepair.

By no means am I saying not to do it - just make sure that you take everything into consideration.

That lets you skip the whole exercise of saving before you can buy.Between price appreciation (at least here in MA) and rising interest rates, it's going to be hard to make any meaningful dent in your monthly mortgage payment with savings.

Right now everything around the projected Russell area is on the rise however until they get final approval it's all speculation. 

That's definitely something I did not take into consideration.

Back then Philadelphia suffered from the lack of major employers, but has improved considerably since.

.* Tenants pay a NON-Refundable Option Consideration Fee in order to receive that option.

I don't really know much about the Kitchener Waterloo market but i know that prices have ridden and are still rising quickly.If you want to talk a little real estate feel free to message me.

Also, how much consideration is there for the improvements that were made? 

Thank you in advance for your time and consideration.