Are you looking in any neighborhoods specifically?

The questions I have:How solid is this neighborhood?

I want to start with my first deal out of state, but I've been looking a lot of houses and neighborhoods but the ones I qualified with a conventional loan has to be livable, so I can't buy something that I can gain equity by fixing it up, so I can't meet at least the 1 % rule, max is 0.7% should I buy or what to do??

I was basing my expenses on my experience with the neighborhood.

I saw a store for rent in my neighborhood not long ago, under the number to call, in parenthesis, (no sleeping or cooking allowed).

The 70K is for the lot and the cabin (Ikea style).

At least more so than a set and forget style syndication.

Would you consider then the same 18-unit property with the same tenant class but in a decent neighborhood(low crime-rate)? 

It's about 11 acres in a "neighborhood".

However, it's attracting pests and it's spilling outside where it affects the other tenant and the neighborhood.