Well it turns out this has a steam boiler and they are a pain in the ***, expensive and old.Long story short we are spending $30-35k to remedy this over site.

I believe personal contact info gets blocked on blog posts, but my info is in my profile. 

Many have also invested out of state or just, <sigh>, sold their Sacramento investments when the market turned and took their profits to other markets in the Midwest and South.Frankly, the biggest pain we have seen for our investors from the Bay is the type of tenant you are likely going to find in a lower cost market.  

Rumen, I feel your pain.

Not very far away, about 6 blocks away, a traditionally trendy high income neighborhood delineated by a main street, has become overpriced, so many buyers and investors have decided to start buying in this neighborhood, which is equally close to everything.  

...and sometimes we reference our borrowers as PITA = Pain In The Arse...

My husband often argues to blur those lines.I started an adopt-a-block program in the neighborhood we invest in, but we adopted a block where we do not own any rentals.  

I would search actual listings on that street on Craig's list or talk to property managers/investors within a few blocks to find out rental rates and average vacancy over 3 years.

@Jacob James CaballeroCoincidentally I just flipped a house a few blocks down the street from this building.SFH are selling well and there is definitely a gentrification going on.  

I believe that with education anyone can reach financial freedom.That being said, I am actually doing the same thing you are currently working as a RE agent in Bed-Stuy, right down the block from Williamsburg.