I’m well versed on the south side neighborhoods and markets.

The property is in a "C" neighborhood in ROC, NY. 

To some knowing your market means to walk the neighborhood.

The other houses in the neighborhoods are not dropping.

For the latter, for example- buying a fixer-upper in a sketchier neighborhood would be pretty risky if you don't have easier access to get to the property if need be.

Remodels closer to downtown on older homes have ashpalt-shingle roofs.Just an opinion, but unless you're doing something very custom, try to stick to what the neighborhood does and do not let your personal affinity for materials cloud your judgment on what the masses actually want.

I would like to get more houses in the neighborhood.

My funniest fail was during a rehab of an empty, vandalized duplex in a bad neighborhood in 2006.  

If not, I would think a 3/1 would have more marketability if in a family neighborhood.

About 2 years ago I started keeping an eye on www.homeunion.com which is a one stop shop for buy and hold investors.