Along with what they said, I would arrange with the seller to immediately have security cameras with audio installed in all public areas.  

I have been lurking in the forums and listened to every podcast, listened to audio books, became a pro member.

Please let me know if anyone has an available studio or 1 bedroom for under 1,500.

You won't pay taxes on the first $250K in capital gains, and you'll have enough money to plow back into another primary residence and traditional investment property.I started out like this and went from a studio to a 2BR and investment property within 5 years. 

I currently own an Audio Video company and am expanding out to real estate investing. 

I downloaded the audio book to listen too at work.

Ideally 1 bed and not studio, but if it is a two bedroom that fits that criteria that's fine.

I actually started with my first studio purchase in Manhattan in 2009 and have been able to flip up quite substantially. 

Most of my available funds are tied up in this project.The house is in a pretty bad part of town, but has gotten a lot of press that it is turning the corner....warehouses converted into artists' studios, a brewery, and pubs and more upscale restaurants are now there.  

The 10k is to add a studio apt to add to the rental.