Do they buy the nicer car or drive an older car so they can afford the nicer home.. maybe wait on that RV or Boat they want.. discretionary items like these sales could slow a bunch .. at the end of the day people need shelter and with rents sky rocketing in many markets.. rent is higher than man mortgage payments.. 

Purchase price: $41,000 Cash invested: $53,000 Sale price: $159,000 This house was a fire damaged property that was originally a 4 bed, 2 bath, 2 car garage purchased for $41,000.

Only debt I have right now is student and a car loan.

I would not drive my car down the main streets of Portland given the news.Not in my book .it’s a statistical fact in lower income areas there is a higher instance of a minority population  in some areas for sure that's a true statement..

This tenant would be happy to pay $300 for this space as opposed to $700 for one that has access to a bathroom.Parking - yes there is plenty of parking on-street during the work day, and we are currently adding onto the driveway to allow 6 cars to park.Utilities - The heat is just one huge forced-air system for the whole building, so we'd have to include that.

They did not car that I had homes even on that street that sold.

It is a 4 bdrm 1400 sq foot house in a decent school district. the detatched two car garage is in rough shape and I still need to get an inspection done on everything else.I currently have about $5,000.00 in cash available to me that I could use on this project. 

My only other debt is mortgage on 1st house and a car loan.

The system in your car is essentially the same system, just weaker and a little less complex.

You can blow it all instantly getting a newer car.