When they do, that will take some of the pressure off real estate prices, but it won't be a crash.As long as you bought right and have a solid investment, that kind of shift should have virtually no effect on you

First thing first, you will have to determine if the price is reasonable to FLIP or try to do an Air bnb model for high cash flow.

I am posting to introduce myself, thank the community for all the value provided and leave a bit of insight into what drives me and what I am trying to learn.So first, I am from Bel Air Maryland.

That basement unit is for air bnb

http://asm-air.com/airconditioning/top-10-air-conditioner-brands/ 

My thought on a co-signer is that it just puts extra pressure on the primary signer(s) to do the right thing and pay the rent for fear of negative impact on and feedback from the co-signer if not...

I'm getting married next month, and have been feeling the pressure to buy a condo, that would serve as a home base for me and my wife when I'm in between international assignments (10 days each 4 months) and would hold me and my wife's things (wedding gifts, furniture etc)My biggest problem is that we would only live in the condo about 20% of year, as we would be traveling abroad as part of my job.

I've been called that from about 6yo.My personal preference is to start small but not knowing to much about the game here is limiting my view on how far I can make the 200k go without being able to borrow funds (and which market I ultimately choose to invest)I have completed a 2 page business sketch stating that I'm happy with 2-3 projects in the first year as I'm not putting a ton of pressure on myself time wise.

Move on, keep your friends, never rent to family/friends again, and fix the lease agreement for the next one.For the upstairs/downstairs heat differential, that is often easily remedied by turning the central air fan on full time or if it has a circ option, use that.  

The mortgagee is also putting pressure on the owner to sell.With no tenant upstairs, and that I have a transferable (if it sells) lease on the building for $1,000 / month for the next four years, I'm struggling to find a deal that works for me and the others.That said, the building is in need of some serious repairs which puts my business in some risk.