[Calc Review] Help me analyze this deal
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Have you done the inspection? The side/basement of the house looks soggy or perhaps it's settled a bit. Want to make sure there are no foundation issues and that's why the price hasn't dropped by 8% or so . Also, it's the south side of Chicago so know the safety record and types of neighbors on the streets. Is $1.4k really a realistic rent, or is it closer to $1.2? The main factors here are not the raw numbers, but making sure the kind of neighborhood and the inspection report on the place gives you confidence moving forward.