Posted by Chris on September 15, 2004 at 21:11:47:
you are kidding, right? $ 950 rent, if that’s the market rent for which the place could be rented out in a short time, then I would like the MLS # of that deal to make an offer myself I envied a friend who snapped up a Duplex yielding $ 700/m rent for $ 32k and that needed a new roof. It’s now worth $ 70k, but that’s Southern CA. I wouldn’t sweat a few grand - go for it!