Texas did great compared to the rest of the nation in that regard.My point is that you are using shoddily constructed data to make broad conclusions that are likely to be incorrect.  

You draw your own conclusion.  

Our plan is to move to Torrance Ca.As I've been looking for properties on Realtor.com and reading various articles about the ridiculous housing market situation in the L.A. area, I'm starting to come to the conclusion that this might not be such a great landing spot to begin my real estate investing journey. 

Know your numbers and make sure that you buy based on logical conclusions based on numbers and you should be good.By the way, I like the goal of 15 properties in 5 years.

However, we have come to the conclusion that it is a bank owned property that is sitting, just deteriorating.

Never jump to conclusions, never take offense and always give them opportunities to redeem a mistake, within reason of coarse.

After taking the time to think/pray over it, I came to the conclusion that the money is way better off spent on putting it on a down payment on an actual real estate property.

This even older thread comes to the conclusion that using his method will result in having to sell for about 10% below what the market should bear.

He goes to a private school, so I don't have to be on any specific place though Sorry for the rambling, conclusion: staying in coconut creek for a couple years will simply make my life easier

After doing some research, I came to the conclusion that with most methods proposed in various forums, the landlord is at risk of chargebacks at any time for several months after the payment, leaving the landlord to the mercy of the tenant for an extended period of time, with little to no recourse.