I think that a lot of the problematic residents in the area are being pushed East due to the gentrification of the near East side and they are consolidating in the middle between Rural and Irvington.

The current value of the house: 70k, and cashing out the max amount for 30year.The local mortgage company’s agent advised me that the mortgage amount is too low for her to push forward.

Do they pay on time, pets, lots of calls, what the place looked like the last couple of inspections.Quarterly seems very frequent and most tenants are going to push back....... unless there are real issues or concerns, I would do it that frequent.The typical move in/move out form work fine... you a can add in some more details like checking the water heater and HVAC, applicances more thoroughly etc

You would likely need to find a bank that would lend as a rehab property (so they lend you the amount for rehabbing the property - since most rehabs and down payments push you over the $30k limit).

I'm going to offer to buy it from you, owner finance preferred, but if someone offers you better than I can, I'm glad I pushed you toward the most successful direction.

You will probably get pushed into lousy areas where the returns are all on paper and not in real life. 

Sewer is charged at 100% of water so I'm guessing/hoping that at least sewer will be pushed to individual units as well per their water usage, but wanted to confirm. 

Without a large jump, I think it's going to be very difficult to retain a $700 tenant when there rent will be pushing $900 in five years and $1,150 in 10. 

We listened to a webinar last night hosted by Legacy Education and they were pushing a software called RESS.

My initial thought was she was wrong, but since I am new at this I didnt push back.