I have no personal debt, school debt or payments of any kind and for the moment, I am able to live at home with my parents.

At the moment, Buy and Hold seems like it makes the most sense for me.

Understand that if it's on the MLS in our market at the moment the sellers have the upper hand.

I don't having anything that matches that criteria at the moment but I'll add you to my buyers list for when I do.

From my perspective ( I am no expert) prices have risen substantially over the past 7 years (as everywhere) and it is difficult to find properties that meet good cash flow criteria at the moment. 

From the moment they aquire the property, it will take them anywhere from 4-8+ months to get the project turned around.

I'm currently 22 years old and don't have a ton of money at the moment, but I need to get rolling in investing within a year.

I am using a new lawyer for a Short Sale we are under contract for at the moment. 

Your debt is way too high to make people nervous to consider investment at this moment.  

@Benjamin MolinaIt was an appreciation play and likely putting their cash in a safe haven.There is a lot of speculation on Midtown area at the moment with the new arena and new property developments going up.