In addition, lenders will ask for this information if you intend to finance the property.Review the condition of the property to determine if there is deferred maintenance.Review Yelp and Google for any tenant reviews to understand any issues residents might have with the property.

We’re very familiar with the ground conditions in San Antonio.

He approved the condition and rehab and we instructed title to get everything together for the final signings.Day 8 December 28, 2015 ~ We completed the files for both the buyer and seller.

I don't know what the condition or age of the property is, but being in what you have described as a bad area you should budget higher on the expenses to account for them. 

What is the condition of the property -- do you need to set aside funds for deferred maintenance? 

So, many people are asking $$: mortgage $3500, insurance $30, tax $1200, HOA $500, and RENT $3350 (2b2.5b TH in decent condition), not counting repairs/ maintenance/ possible vacancy. 

Seller likely knows the condition of the property.

Ideally you should be able to determine your target rent by knowing the rental market, looking at the condition of the units and estimating expenses.

Obviously, it all depends on upgrades, condition of multi unit, exactly what part of the city the property is located.

So one other thing I would recommend is just put the property under contract with a longer than average due diligence say 3 or 6 months and add condition that closing is dependent on your zoning application.