If you can afford the median home in an area than you can most definitely afford an investment property there. 

Use IRS instructions to understand the definitions.

The definition, like so many other words, has been replaced with what was that of desire. 

If it's a massive budget, lenders may peak in a bit more, but definitely doable. 

Definitely enter with caution.

Definitely helpful.I got a lawyer who did overcharge me a bit but the tenant left the property spot clean.

Definitely, either the house price is far beyond its current market value, or there are some property disputes.

Jeremy Congratulations - I grew up in that area and cost of housing has skyrocketed while incomes have not, so there definitely is a need for affordable housing in that area (as well as pretty much everywhere else)

Those non-cash expenses definitely helped us out during tax season.2.

But if you are okay with negative cash flow and want more the appreciation, new builds are definitely the way to go.