When these rundown areas don't experience some of that gentrification, you can get entire city blocks that have mostly vacant houses, with some boarded up, and some showing the accompanying "missing teeth" look.

It also has a great design with a entrance vestibule and door to a walk in basement common area, that could be used for both tennant to store their summer stuff....2 driveways with parking for boats or multiple cars, a detached garage for the maintence guy (me) lawn mowers etc...and a back patio common area to be shared and huge fenced in yard for pets or whatever....all steps from the water.  

Do you own any pets/animals?

It will motovate you to contijually eduacate yourself on value points and options in a deal jo MBA necessaryNegotiation skills and tenacity with a focus on delivering value will be the cornerstone’s of your success if you meed faster deal turns focus on  small kixed use to cut your teethe and being in revenue to seed your growth best of luck 

Then the rent increase moratorium came, rent control was instituted, mandatory lease renewals, security deposit reductions, inability to evict for things like unauthorized pets and people not on the lease living in the unit, all happening at a time when my taxes are going up, my permit fees are going up, my insurance is going up (or being non-renewed), and everything else is going up, and I'll likely be increasing rent around once a year. 

The only problem students and parents will lie through their false teeth, and you're looking at them.

One is a baby sitter who is willing to provide bank statements as proof of income, the other is a pet sitter and will provide payment stubs from her clients as income verification. 

I’m currently leveraged to the teeth, but my earned income is a huge buffer.

Consider pets.

I certainly recognize that this is the "Cost of doing business" when you allow animals but I have had previous pet owners with little / no issues.