And investing into a correction with no information about where the bottom is, well let’s just say it’s not my cup of tea

This is where you can significantly increase the value of the property by making improvements that attract quality tenants and justify a higher rental price.

I calculated her monthly payment is 1300.Since it is a vacant investment property where she will be taking a loss at sale and has been on market for 60 days, I am thinking seller financing may be mutually beneficial.I am planning to make 2 offers:300k with conventional mortgage.

Can anyone else suggest other real estate or economic newsletters where I can get big picture news on the real estate markets and economy? 

If you know of any property management companies in the Columbus area that you would recommend, I would greatly appreciate your suggestions.Due to the lower down payment requirements, I’m focusing on finding a place where I can house hack and live in one of the units for now.Thank you again for your helpful advice 

We have 3 properties and I wish I knew where they get my cell from! 

Hi Cindy,Where are you located?

@Diego L.That's actually an interesting situation and a case where revocable trust may make sense.

Seems like the only neighborhoods where FHA is even a possibility is cypress hills / east New York or east Flatbush, among other further out areas I don't really want to live in.

I was in a six hour property management certification class with the Maryland Association of Realtors yesterday where this was discussed.