Another important thing is if your neighborhood quality declines, sell your property and invest in a better location.

Its basically the worst house in the nicest neighborhood.

Can you give me an idea as to how I can learn which neighborhoods to focus my attention on as I just start out?

One option is to slowly buy up the neighborhood, and improve the property values and tenant base.

So if you have car magnets do take them off so it doesn't start the neighborhood gossip floating around.

I went immediately and checked it out. 3 bed 2 bath fixer upper, good neighborhood.

Its for a house in a pretty good neighborhood with lots of houses being renovated.

Bank owned REO Duplex, only ten years old, great shape, and great neighborhood.

The net result is a very low return on investment.If I compare it to property I own in Dayt0n Ohio where I can be all in to a 3 bedroom one bath in a working class neighborhood for under 25,000 ( and in some cases 20K) The rental income is $625 monthly and the taxes and insurance average less than $125 an month this leaves 500 a month to cover property management , vacancy , and maintenance .

There was no reverand of the church, becuase he died years ago.The building is in a neighborhood on the edge of urban revitalization, and there is new constrution up, and most of the buildings on the street are being gutted and rehabbed.My aunt's real estate agent found a buyer who want's to pay my aunt $65,000 for the building and pay off the liens.