Keep a score chart of how well they are located, how new the property is, what amenities there are, what they charge for week nights and weekends.

I live in City of Decatur and just last night I was running numbers for a duplex listed for sale in my area for $400k, and it’s a no deal even if I offered $300k, for either flip or hold.

Never been scared to be in Allentown at night either.If you guys are scared of Allentown, take a drive through Paterson or Newark lol. 

Hi Randy,You will need to get a few quotes from local companies.How extensive is like how blue is the sky...there is no way to define it.The old system will need to be demo-ed and removed from the premises, and etc....You might want to look into a couple of min-split systems.

I just got a contract on something else in Conway last night.

Tenant called said water is coming from above started last night and is now getting worse.Condo adjuster is coming out Monday or Tuesday.

Be prepared to drive if necessary, you'll also be spending many nights a week /mo at meetings.I agree that there's a lot of flipping coaches wanting ten thousand bucks, but I also have taken many education's that cost 500 to a thousand or so and they're all well worth it.

As a white kid from the suburbs, I realize that I will be in very unfamiliar turf as I begin my career as a landlord.So, other than buying a gun that I carry at all times, never going to the properties at night, and screening tenants beforehand to make sure they don't have serious criminal records, what else can I do to ensure that I stay safe while managing these types of properties in bad neighborhoods?

@Robert KirkleyI don’t know what your full time job is, but if you can deliver pizzas nights and weekends it puts your vehicle to use, it’s great extra money, and you get to know the different neighborhoods in town really quickly.

With no credit and very little down and a great action plan, only the sky is the limit.