It seems to be one of the next areas to become gentrified but, is definitely not a bad neighborhood.

That is awesome you’ve managed to build passive income at such a young age through your digital marketing firm.

The house itself isn't all that great, it's 3 thousand square feet, but nowhere near as luxurious as the rest of the homes in this neighborhood in terms of design; and I'm getting this for $1,250,000. 

. :)Which brings me to the hunt for a distressed multi family in an decent neighborhood.

We offered 275k and they came back at 285k and I said that we were firm at 275k. 

I passed on it the minute I saw the house was located in a very poor, rundown neighborhood.

Or, if another agent from my firm brought a buyer to my listing then it would be dual agency.

From there, you could create a brokerage firm.

The financing is also tough but you can get 55% LTV in most cases on properties in B neighborhoods or better returning over 5%.

So, a lot will depend on the prices in that neighborhood, whether it's worth it to build