re: how to use 200k to invest in real estate

Ya, we are in the process of buying a house uptown, but in a little area that is near Audubon, but no one likes

While we may still have paid a small premium on it, the house is 100k lower than houses across the "block" from it and in a price range you can't really find in Uptown that isn't a total shite box or really small. Some of the houses on the street have been redone, while others need it, so I'm hoping over the long haul it works out and that I insulated myself as much as I could from these prices.

I couldn't justify the 400k and up range for some of these properties.