This building was in a MAJOR train hub in southern Indiana, so residents tended to be used to trains, and also less than 2 blocks from a college campus.

Seems though after just peeking on realtor.com you could buy an entire street, block, or neighborhood in some places - gate it - renovate it - and if your time frame was long enough make a killing.

should look great..i'm no framing expert, so please take this question as curiousity and a desire to learn..more than a critique..why is there so much blocking between the studs on the last pic showing your electrical rough?

Trying to get around the stumbling blocks in the middle of the deal who want a commission for doing nothing.

You guys are right, its not the best use of an asset, but I figure that leveraging it is still better than just letting it sit there and appreciate which it will do anyway if we offer it at as collateral.This situation is far from ideal but the opportunity to get into a 12 plex that is actually about a block away from my house with an on site property manager that costs between $150-$400 a month and no money down is really what is attracting me to this deal.

The stigma with lower end neighborhoods presents an awesome opportunity to buy entire blocks of homes and then become a stand out when you bring that inventory to the rental market in great condition.

I also looked at landscaping blocks, and ultra deck timbers but they are too heavy for blocks and too expensive for ultra.Regular treated 2 bye 10's cost about 65 bucks a window, metal 200 bucks and same for plasticWhat would you do?

With large blocks of reo's being kept out of the pipeline, the law of supply and demand will kick in and the prices of REO's will drift upward.2) Rental rates will come down as these investors will be able to operate under economies of scale that we can't compete with.

Craigslist has historically blocked 3rd party attempts to improve user friendliness. 4.

You can try putting up your listing and block out the dates until you'll be ready.