I have a client at 130 S Canal with two parking spots vacant for a year, as all the tenants that moved in did not have cars and nobody in the building was interested in extra parking.I have another client at 200 N Jefferson with multiple units and even there in the summer, the parking spots don't get rented unless he discounts the price to half!

What part of this sprawling metropolis are you located in?

@Hayes Mercure here is example my first round direct mail letter-Johnny Boy2706 Their House RD TORRANCE, CA 90505Dear Murphy ResidenceI am looking to acquire properties in the Boise market, and your property at 1234 W JEFFERSON ST BOISE is one in which I may be interested.

This reminds me of that episode of the Jeffersons when George gets scammed out of $15,000 and goes through an elaborate plan to get his money back only to end up having it cost him a little over $15K to get his 15K back.

Jefferson Park, Conley Hills and Semmes Park have lots of nice rehabbed homes and lots of diversity.

If the building won't cash-flow without the commercial tenant forget it.If you're in a mixed use building, unless you're in an extremely densely populated urban metropolis, these apartments are going to be less attractive to renters or have lower tenant quality.Make sure the place has adequate parking.

We own two lots, free and clear, near 9 & Jefferson and that area is really hot right now.  

I had a mentor once tell me that you want to buy in an area no farther than 2 hours from a metropolis.  

It doesn't end there in late 2014 or early 2015, someone called my about a 8000 sq foot home on Van Dyke right off Jefferson.

Taxes alone on their house in Port Jefferson long Island was almost 17k a year.