Even if I had sold it at the depths of the recession I would not have lost more than 12-14%.

The York college area is quite unique as there are multi million dollar houses on one side of Country Club Road and then row houses within a mile or so that sell for 50k.I would be happy to talk in depth about the York area and what places to avoid and places where you can find a good deal and make it cash flow.

The PCA is like the inspection for commercial buildings, but a lot more in-depth.

Take the time to learn the process before getting pulled in and definitely don't get blinded by high flying figures- Excel is easily manipulated.

@Juan Rosado, I am not from that area, but numbers are numbers and you can manipulate them a ton of different ways to justify a deal, but I always like to say "If you need a calculator to see if it is a profitable deal, it is too lean" . 

I'll wait out those payments, and try to make extra payments this year while I'm learning real estate more in depth.

You can perform very in-depth searches based on number of units, tax valuation, mortgage data, owner data, ... etc.

A good agent also knows how to manipulate Zillow into upping the Zestimate on a property.

When the money comes in they do what they can to catch up on payments.From my "Credit Literacy" PowerPoint ...FICo – 5 elements:•Payment History – 35%•Utilization Ratio – 30%•Age of File – 15%•Age of oldest account•Average Age of Open Accounts•Mix of Credit – 10%•Inquiries – 10%Vantage differs a bit ...Vantage – 6 elements:•Payment History – 32%•Utilization Ratio – 23%•Balances – 15%•Depth of Credit – 13%•Recent Credit / Inquiries – 10%•Available Credit – 7%(Percentages rounded for clarity.) 

It gives a really great overview on the many facets of real estate investing while still having some depth to it.