If you have only two comps now, rest assured those won't be selected as the comps when the property is sold 6-9 months from now.I did a loan on a house on a busy street across from a high school.

It's a great rental property on the best street, in the fastest growing area, bought at a nice discount.

The same can be said for up the street in Jersey City.

This building was a self managed operation the owner lived across the street.

Hi BPmy project is moving along smoothly, we are half way donethis house is located in a very desirable northern suburb of Pittsburgh.the school is great. conveniently located near "shopping", on the commuter line for pittsburgh. no more new construction. middle income, family friendly community.the projected return is tight b/c this is first time in this market and I think I Comped it wrong. a few street away makes a huge difference b/c of lot sizes.it's total upgrade, open layout, reconfigure kitchen, upgrade baths, all new windows.

What do the homes on the street look like?

Ok this particular house in Memphis tn is 3/1 with little over 1100sq.ft, its in a very good area with goods schools school bus comes directly to street which I see as a plus the house needs about in my conservative opinion 15k the ARV is 45k there are back taxes owed from '09 to current 2013 which combined city and county totals roughly 5400 if fixed up and rented can get 700mth the last sale was in 2003 for undisclosed amount.

The Niagra River was right across the street in my front yard.

It's across the street from the senior center and new library, so I am hoping to draw in that elderly crowd as future renters and work on acquiring all the buildings around me as well :)Thanks for the warm welcome!

More evidence that the only way to ensure financial security is to control your own destiny, not leave it in the hands of Wall Street.