If you're in a dicey neighborhood, I highly recommend you screen as you would any tenant.

Most in TC investors focus on cashflow versus appreciation, unless some macroeconomics happen, appreciation will take years, (Most the time, always exceptions) you'll find most deals cashflow, when I open the MLS and run numbers most properties cashflow and have a good neighborhood.

Here's the numbers:Purchase: 136k, 5% down = $6800 + closing costs and prepaid insurance will be roughly 10k downARV: 175-180k, have to see how the neighborhood does in the next year, my realtor firmly believes 180.Rehab: 15-20k, all done by us.So after putting 20k into the property, that leaves roughly 24k of capital gains tax. 

Rental houses can be great as long as you own in a,b neighborhoods most times you don't have issues with bad tenants. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

I've run the numbers on it and ultimately it seems too "rough" of a  neighborhood than what my criteria is.

Sought after neighborhood, beautiful city paved walk connecting parks along the greenbelt behind home.

Others from this area will confirm, Pittsburgh is full of working-class neighborhoods that change radically on a street-by-street basis.

As a starting point, you might start with an 8-10% pref and then a profit split in the neighborhood of 60/40. 

BP family,I want to run some numbers by the community and get some feedback to see if other investors in Arizona are either seeing the same type of returns or better. fix and flip 8% immediate return on investment and 29% over the year East valley home B class neighborhood.