I was (still am) in a similar situation just recently where 2 deals came to my attention at the same time. 1 as a buy and hold and 1 as a flip.

But no one pays attention to the area next to it in plain sight. 

I would pay attention to getting some type of water coverage for major internal water leaks. 

It seems like you are conscious of your risk in certain areas, I'm just saying make sure you pay attention to as many of the risk points/areas as you can... no one is perfect though, best thing is to get the first deal! 

As far as a city and neighborhood to invest in, some of the best properties to buy for quality tenants over time are located in good school districts and close to hospitals/medical centers.

Since I took answered his call while having dinner with friends, I suggested we discuss this tomorrow when my full attention can be focused on his important decision.Your input and suggestions please since this is the first time I have loaned money to a friend. 

Zillow says I can charge another $100 per month on this house which would put it at just under the 75% percentile and not in the red margin.Here are the questions, do pay attention to rentometer rankings to determine your rents? 

The first being just to build it and hope that there is enough draw to your location to get businesses attentions that they will come to you.

Pay attention to rent increases in the area.3.

Felt as if I was back in college again but actually paying attention this time.Thank you!