Help others continually and in time you'll be rewarded.

The same is true for the economy, we are growing but compared to similar cities we are falling behind (if you don’t read the Chung Report, I’d start subscribing to it).   

If you buy index funds you will get similar returns compared to a cheap college home. 

If you pay based on proforma you essentially assume this risk but turn over the rewards to the seller.There is one step that's missing though.

The columns on the right are the comparable sales.

Also, I’m able to find comparable jobs as a manager very easily.

Viewing and touching, and comparing various offers before placing offers is what I've been trying to do, while I prepare and save money to purchase my first duplex in the Spring!

There aren't a number of similar properties with which to compare value, which you need for conventional financing.If you buy this one, it is guaranteed that you will learn a lot about real estate investing.  

or if the city will pay for connection to city water/sewer and will bill it directlythat is the only way this deal makes sense from a risk/reward prospective. 

He wants to know that the reward will be greater than the risk.