I used to live in that neighborhood many years ago - it is really nice and also very good access to downtown PDX.

Bread and butter neighborhoods(80-125k) will see appreciation and better tenants.Are you planning to get loans on properties from the get-go, then you need to find houses in better shape(will cost more) and there is minimums most banks will lend (40-50k).

Save your money for marketing and start doing the things that require time an less money like driving neighborhoods looking for houses that need work.

@Neil Evangelista Yes, the neighborhood is really my only reservation.  

Does anyone have knowledge of the West Pullman IL neighborhoods or zip codes.

As I drive through prospect neighborhoods, I note target homes (weeds, ugly, renters, etc..)

Try a church or a playgroup, use NextDoor to start one in your neighborhood, find a LeLeche group nearby, etc.

Buy a home in the right neighborhood and you can sell it at any time and walk away.

I have a duplex in a very desirable neighborhood in Michigan.

My concern is the OF with repairs $30K  with down payment of $5K down, find out what kind of neighborhood it is and check the crime area.