A lot of realtors are laissez-faire about the clauses - "Oh, don't worry that it's only 7 days on the inspection, you'll have the guy out there tomorrow" and then things happen out of your control - "Inspector was stuck in Boston because of the Nor'easter, won't be back in town for another week - sorry!".

Another thing to keep in mind is that the property is in pittsfield so not a booming city such as Boston obviously which is related to why the rents and purchase price is lower.One of my concern is that it is a low cash on cash return I believe for my current situation.

Brent -I live in a small town about 40 miles northwest of Boston (yup a Celtics fan).

I was just thinking...If you find a suburb with consistent growth, growing number of jobs and diversified industries, a nearby bustling metro, talks of public transportation... would you build an airport?

Im from Boston and currently in a 1031 exchange situation, set to close on my property soon.

Look up Tom Cafarella in Boston. 

There are many people that like that because of public transportation and easy access to major highways.  

About MeI initially started out as a civil engineering major and interned for a 100-person engineering firm in Boston in their plumbing and fire protection department but ultimately went on to pursue a degree in finance.

Hello my name is Greg I’m 35 years old I’m from the Southern California area I am new to the Real estate industry a few months ago I bought it and flipped my property in the city of Compton California my goal is to continue searching for property’s and Networking with different flippers and investors and building my portfolio for the past 11 years I have been in transportation industry I’m looking forward to this new journey ahead.

@Jessica Freese , Lucky you, this actually can be very beneficial for your taxes.1) If you husband makes less than roughly 100k,  the loss from rental can offset 25k of husbands' W-2 Income.2) Even if he makes more than 100k, Since you dont have a W-2 Job, with careful planning, you can qualify for RE professional status, that will help you use the entire loss from rentals against husbands' W-2 Income 3) You can convert some of your personal expenses into business expenses with the home office deductions, transportation expense ( mileage, depreciating computers, furniture, and other assets used for the rentals, and few more. 4) You can hire your kids and funnel money within the house if planned carefully.