“The city is giving us what amounts to $60,000 for acquisition and repairs (per house). So if it costs us $100,000 and we borrow $40,000 for purchase and repairs, then we sell it at fair market value for $85,000. We pay that $40,000 back and we've got another $45,000 and plow it back into another house.”
“We're not taking the worst part, because we'd just be beating our head against a wall. But we're not going to take the best part or we're wasting our time. Let's work on something manageable that needs help.”
“I could fix all the houses in Price Hill and it wouldn't do any good unless the human infrastructure is in shape. People have got to want to live in the neighborhood. Nice parks, good schools, strong churches, diversity, economic development -- if you don't have those things in place, then I'm wasting my time.”
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