live there or for profit??? When I was in my early 20's, I went to look for an apartment, this man was renting a 2 bedroom place. I did not rent the place but we had a long talk before me and my friend left and the one thing that I remembered this man telling me was to try to find out as much about a piece of property that you want to purchase, meaning that you should find out about as many things that happened on the property as far back as you can find out...I didn't know what he was talking about at the time, but I do believe that I know now !!!