@Jason D.

@Victor D. 

However it’s in a D or C- neighborhood.

this is so helpful, Thank you @Jason D.

This is class C or D housing, so you better budget at a minimum 10% vacancy. 

But if you are buying $50k houses in a D- war zone, then that will be a different strategy.

Also, several agents I know here won't take the time to meet with investors (both OOS and local) unless they are looking at multiple purchases that are not D neighborhoods. 

I am assuming the garage has ample room for a car to be parked in It as well.  2nd thought is if your competition does not provide w/d it’s a big amenity you are providing.  

We submitted our Form D and have 26 of the 100 members now.

I started out buying C mainly D props nearly 40 years ago - sold them all shortly after ( 7 years later ) our daughter was born - got my license at age 25 sold part time when she was born left working for local utility then went full time as a Realtor.