Sophiew- thanks for the "Making Money on Real Estate" article. It has changed my search. I'm now looking at homes that can also be rentals.
Tiffany - I do not have the expertise on the condo market as the others on this site, but I do have something for you to consider. I live in a city where you can't turn the corner without seeing a new condo going up. My co-worker bought a great condo two years ago with the intension of staying there for at least 5 years. After a year, he was offered a job in another city. When he put his condo up for sale, he realized there were brand new, nicer condo's in his neighborhood selling for less than he paid. His condo just sold and he took quite a hit. Hopefully this isn't the case in your city.
This website is an amazing resource for the first time home buyer. I'll be watching for new posts. -Thanks everyone!
