We decided to have a vapor barrier installed along with a sump pump in this area which cost about $4600.  

So a more aggressive investor tends to overlook the downside and focuses optimistically on a positive outcome.

Partly my fault for not doing more research however, to my surprise our sub par school district schools tend to devote more individualized attention to the children in my opinion.

But if you are getting even LESS interest with lowering the rent then could be 1) too low and people think it's a scam (generally only if the place is too nice for that price) 2) timing, people tend to look at the end of the month not the 1st 3) seasonality - schools out for summer for example in University Heights

In worst case scenario lender wants to breakeven on the mortgage if it becomes non-performing instead of taking a big loss.As STNL primary lease term winds down cap rate tends to rise as financing is difficult and more cash buyers needed.

The more-specific fears I had of buying the kind of rundown Rust Belt C/D SFR properties I tend to invest in had to do with the viability of the house.

When considering a typical investment, 99% of our attention tends to revolve around the asset itself with little regard for the surrounding community.

Rental list prices on the other hand, tend to reflect the landlord desire and the final rental price, because it is not customary to negotiate rental prices.

I tend to think many people here actually go based on something other than this kind of analysis.

The real estate investment community tends to be pretty sour on college education.