Let's face it, they're a revenue juggernaut," Carol Pepper, chief executive of asset-management firm Pepper International, said on CNBC's "Squawk Box Europe."

More details needed to offer advice: Monthly Mortgage Payment, outlook for speed of getting it rented, type of neighborhood (A,B,C,D)., what Cash Flow do you anticipate, etc.

I'm an out of state investor and she helped show me the ropes on neighborhoods. 

I can assume based of the purchase price its in a C-D class neighborhood and isn't new so 5% for CapEx and Repairs is low. 

Doing our first flip in Scottsdale Arizona and the neighborhood is a mix of the residents that are not quite senior citizen but near or at retirement age and families with teenage to older children.

For example, I have rental properties in a D neighborhood and the 2 or 3 bedrooms are usually rented by families, with children.

I also appreciate having access to all of the market data and MLS analysis tools when comping properties, learning about new neighborhoods, etc.

Its a desirable neighborhood AND school district. 

I wouldn't call 810k an anomaly....There are weird neighborhoods where you have 10 typical 50s style homes in a row which are randomly eclipsed by some 6 bedroom brand new house. 

Hello all, I’m considering a deal in Lexington, KY, but I want opinions on the neighborhood.