Chris, Hey I grew up in that area and my brother and grand parents live in Park Hills.

I'm thinking about getting a bigger line of credit in my credit card, like another grand or two, to try and bring that available credit up higher thereby reducing my revolving credit utilization.

It probably saves him a couple grand a year, probably puts it in his Benz!

So, factor in a couple grand in moving costs, and then you have to find somewhere to put it, which is not easy. 

If you were only looking to make a few hundred bucks or a grand, I'd probably let it go.

A 40K house wouldn't be turnkey but you could get there with a couple of grand and some sweat equity.Welcome to BP nation

If you have your engineering degree and some work experience, and a few hundred grand in your 401k, you'll be stress free by 40.

Also I've have spent a lot of time in STL - I really like the South Grand, Shaw Park, areas for multifamily.

I have been studying real estate investing in my spare time for several years and my father and grand father have always owned a small handful of properties (in CA), so I've had some exposure to the gig.

The Lake County Property Investors Association (LCPIA) meet on the second Tuesday of each month at 6:30pm Inside Laws resturant (near the corner of Grand and Milwaukee Ave).