Murray Hill for example seems to have blocks where there are nice homes only then blocks where there are only less desirable homes.

It's a hot location but to pay for something that still needed (what's in-between minor and major) work, it would have drained my account.

I have heard horror stories about people bidding on second mortgages, thinking they were 1st mortgages--thousands down the drain.  

This was about 9:30 pmIt is also a fantastic idea to walk house to house and introduce yourself to the people on your block.

Let said i want to convert a 4 bedrooms for family into 2 bedrooms unit for expats to create a large space & stand out in the block because the area allow me too and create a certain niche and competitive advantage.

Baltimore can literally be block by block.

The hot streets were myrtle and the one that was a block north of it, started with an H... but times have most likely changed, sorry i cant give you any better advice.

Just left an auction on a 2br 1ba sfh which my partner and I won for $13,750 after auction fees we have a rental one block over pretty much identical that we got earlier this year currently rented at $700 per month.

ask him to block out the address and sellers name and send you the agreement he's got signed

I would like to convert it into 2-3 apartments (like many others on the block) and keep it as a buy and hold.Would it be possible and logical to offer him a lease option for a specified time period, while I renovate and sublet each apartment until I can pay off the balance.