I would have some pro's come out and provide his/her own inspection on the ducting and provide an all clear if possible and have them treat the spot.

Buy we have sweet tea.

It's still quite affordable for multifamily investors, the commute is easy, and the area has been appreciating over time, besides being very family-oriented.I'm a data-driven kind of broker, and I find this graphic from Bloomberg to be extremely helpful: https://www.bloomberg.com/graphics/property-prices...Also, make sure to always check NYC's crime map: https://maps.nyc.gov/crime/ You can also see crime rates on Trulia and will soon realize that many listings for sale are on "hot spots" on those maps, so be mindful of that.I would also strongly advise you to find a good broker in order to assist you in the transaction: it may give you a clear advantage over other investors as they will know how to put you in the best position when presenting an offer and may be also aware of off-market deals. 

Take that sweet 100 and put into a better price/rent area.

I am as regular dude as it gets; other than my great looks, sense of humor, quick wit, ability to smooth talk the ladies, critical thinking skills, sweet jump-shot...My bad, I got lost in myself for a minute.

Jason Bott is spot on.

Are you able to pair the home possible loan with the sweet home texas loan for down payment and closing cost assistance??

my sweet golden retriever over 14 years bit three times.. 

Just spot checking the search results there are addresses I know are barely standing, partially burned, or boarded up, that they have categorized as "occupied". 

@Dan Heuschele Yes basically everything you said is spot on.