Holyoke is full of drugs, like I mean you could easily cop right on the street, many of the buildings get taken over by dealers and it's bad, I mean real bad.

I would say that's pretty easily attainable. 

However, that space built out as a bedroom would rent for $1,000/mo easily, so depending on the extent of the difficult and resulting expense of the project it there is still a good chance it is worth the time and effort. 

You can easily download an amortization table as well. 

I look at it from the perspective of needing reserves for several purposes:Operational Reserves - PITI of 6 months (lenders will count easily accessible funds such as IRAs, but I prefer cash in the bank).  

This issue makes me wonder how people do cash out refi's so easily.

My worst experiences were not low income residents, a high earning resident can easily be more trouble.

@Dan O'Neill @Blair Glover thank you both for your replies.Dan: Sometimes you find that some types of properties or properties in some parts rent more easily than others, that's what I was referring to by desirable.

But my closing packages still have 200 letter sheets and 1 legal, just enough to make you rmemeber the frustrations of years past and not fit easily into your file folder.

This number is incremented each time the password is changed, so if you forgot what you change it to, you can easily figure it out.