Obviously, with any purchase you need the particulars to measure what deal works the best and provides either the equity, cash flow (or both) that you desire.
Feel free to call or email for more information.
Ps. Baso...your comments could be construed as housing descrimination. And no, the local realtors could care less about the activities of foreign realtors (foreign...not from Louisville or USA???) You really have a skewed outlook and, most likely, too much time on your hands. Not very becoming from a "man of the cloth"
contact me anytime
Red Edge Realty
Educate yourself on the Old Louisville Historic Preservation District and Traditional Neighborhood Zoning District. Or don't come here, take your dollars to Detroit.
The short answer is yes, it could be a good investment, but let's take a look at the complete package and see how the numbers work out.
You can find my contact info on my profile, or my website, to further discuss...