There is an old saying too, grow where you are planted. :)

I have a duplex and one side has a pretty bad odor.I washed all the walls and doors with pine sol then did it again and it does smell better but the smell seems to still be lingering.I at first thought that the smell was from smoking marijuana the tenants were avid users of the miracle plant. add to that they smoked cigarettes.

Thanks again Mike, my feet are firmly planted on the ground and I'm taking it step by step moving forward.

Anyone but the hugest investors will suffer along with the unemployed.

Unfortunately, I have a tendency to suffer from analysis paralysis and would continue to study the subject forever but never do anything.So to get the ball rolling I am interesting in networking with people in the greater Denver, CO area who are agents or lenders and possibly mentors as well.

What many replies are missing is your main point which was if your income potential suffers you can ride it out much more easily than someone leveraged.

These comps are all single story, so I am assuming at least for the 3 bed that the common areas suffered in order to make these bedrooms happen.

Craig Montesano,I'm aware of the Utica Shale/drilling activity in the area.If Shell decides to exercise the option on the Plant in Monaca, Pa., it should help the entire region.

Hey everyone, Just starting out in a tough market in Long Island, New York and after reading tons of posts, listening to podcasts and getting my real estate license, I think i'm suffering from analysis paralysis on what my first investment should be as a home flipper.

The sale of the home is considered to be for health reasons if the taxpayer's primary reason for selling the home is to obtain medical attention (diagnosis, cure, mitigation, or treatment), or to obtain medical or personal care for a qualified individual suffering from a disease, illness, or injury.Unforeseen circumstances may include: an involuntary conversion (destruction or condemnation of home), unemployment, the inability to pay basic living expenses, or a change in living arrangement such as a divorce or legal separation or multiple births resulting from the same pregnancy, and other reasons to the extent provided in regulationsThe taxpayer's exclusion would have been disallowed because of the "more than one home sold during a 2-year period" rule, except that the taxpayer sold the home due to and of the three reasons listed above.The taxpayer otherwise qualifies for the sale of home exclusion, but there was a period of nonqualified use during which the home was not used as a principal residence (effective for tax years beginning after December 31, 2008).Example: John bought his first home in 2003.