Drop some nice landscaping in there and you might be able to get a few extra bucks in income and resale though.

:For example, there is gang activity in this area, involving drugs and guns/shootings.Sounds like a glock block.If you have the stomach for it you can make big bucks by investing where other landlords fear to tread.

Hi Kal,From a money perspective a typical residential agent can either take a renter to look at 5 homes to lease or to buy.One is a check for maybe a few hundred bucks and the other is maybe a few thousands for spending the same time searching.

My whole mortgage payment on my house is like $380 bucks a month. :)

This is one of the reasons, you save a few bucks, but who are you getting?

Conservative meaning mature thinking, ability to gain trust, influence others with knowledge, expertise and experience.

Features: 2 car garage, corner lot, well established area, many homes worth more right up the street, 3 minutes from country club, and 5 minutes from medical, 4 minutes from state university, 3 minutes from municipal airport for hobby pilots, large mature trees.Drawbacks: No pool (in this area about half the houses have pools), house across the street is over grown and painted a very ugly yellow, and is lower value. minor foundation issues (I will fix these, and that is included in my estimate), house was last worked on in the late 80's and it shows.Anyone have any advice or suggestions?

Every payment to principal is a bank deposit, like a CD that matures in 20-30 years and someone else gave me that money.

Does not look new.So basically, what improvements/materials give the most bang for the buck in this type of neighborhood?

Typically those are short maturities.