It is definitely a bad neighborhood as it stands and the current tenants of the efficiency are without a doubt crackheads on section 8 housing, but like I said, it looks like the city has been putting money into the neighborhood and the developers are flocking as the downtown area expands.The buyer listed the property for $235k, I originally offered $220k and we came to an understanding at $230k.

How is the JC Heights West Slopes and is there lot of development going on at this time?

Developers delivered a robust 3,959 new units in the first quarter and tenants absorbed an “impressive” 5,552 net units, according to the Denver Metro Apartment Vacancy and Rent from the University of Denver and the Apartment Association of Metro Denver.https://www.denverpost.com/2019/04/27/metro-denver-apartment-rents-rise/

We currently have 6 acres that we’d like to develop in Lancaster PA.  

Some Landlords know how to educate themselves on the law, develop processes, understand markets, and the other 142 things a Landlord should do.

If they're your parents, or a child, that's one thing, but owning rental property to supplement someone else housing costs is not a good investment strategy.

That is my opinion.If you add more homes to your portfolio, I would look at setting up a series LLC with each unit in it's own child LLC.

How is the JC Heights West Slopes and is there lot of development going on at this time?

Hello BP, I’m still looking into property investment & development and had a couple questions to ask.

 You need to:  A) Know thyself  B) Develop an understanding of what REIT's are and factors that effect their pricing  C) Develop an understanding of where you're going to invest if you buy physical propertyFor this comment Ill be talking about publicly traded REIT's as they're available to everyone through a brokerage account.