My mom is selling her home and I am considering becoming the buyer for two reasons: 1) She would sell it to me at a much lower price than another buyer. 2) I can see how I can take it and turn it into a profitable cash flow property.Let me explain: It's an old 1 family home that is very small BUT the lot is big enough to completely demolish the current home and build a house that can easily have 4-5 One Bedroom Apartments which can go for $1,300-1,500/ mo. in the town where the house is located. 

Also, how is the market where the property is currently located?

You will find deals that don't work for others (distressed, location, too big, too small, etc.).

I agree with @Lucas Carl and not just because he helped me get started :)But I would point out that the bad rep that AirBNB has varies by location.

I am a believer in being close to transit when it comes to rentals, and that location is solid.

Hey guys, I have some tenants who have been giving me problems since they moved in, and just recently have notified me that the ac (located above the master closet ) is leaking into the closet ceiling.

This property is located in Southern Orchard near Children's Hospital.

@Louis SianoOnce the summer is over, they will have regular scheduled meetings in a few locations throughout Massachusetts, most meet once a month on a scheduled day of the week 

Interest rate is 4.9% , 30 year term , location is in Fresno , Ca .

I fully agree with location.