Property type/size, ARV, school district within the zip codes, distance from shopping center, etc.

I'm hoping to get some input (I've on an offer given the following:South Central Michigan - Desirable school districtListed for $130,000On market since Aug. 2104 without price reduction~45 years oldOriginal furnace in both units (works well but old - not inspected yet)Roof is ~20 years old (OK condition but old - not inspected yet)New windows in 1 unit, original windows in other (aluminum - good condition - not inspected yet)Unit 1 needs cosmetic work (deep cleaning, minor drywall patchwork, painting, carpet replacement/cleaning in several rooms)Unit 1 shorter term tenantsUnit 2 is pretty clean and nothing needed by way of cosmetic repair.Unit 2 has long term tenantsBoth units rent at $825 per monthSelling agent cited "income potential" for firmness on the price.Based on the repairs that are needed, my gut feeling is that $130k is too much.

You could write it yourself if you go on google, maybe a law library at a local law school, etc...

seems like the shorter the commute the higher the prices.. then you have schools  big factor in the Bay  AREA

I found it when searching online for more info about a school offering really expensive RE educational courses under the veil of "mentorship" and thanks to the great input here, saved me from wasting my time and money on it. 

Also make sure it is a good school district.

I'm a recent (non real-estate) law school graduate taking the bar at the end of the month.

There are pockets of really good stuff over there by Cathedral High School and north of 46th off of Binford Parkway Also Check to see if the property is in IPS or Lawrence Township because for that area being in Lawrence Township should typically command at least $100 more P/M in rents

It was a $)150 a month lesson from the "school of hard knocks".

School was the main reason that I chose to delay my investing career.