Just make sure you invest in the more stable areas, you don't want to buy something in East Cleveland!

She wanted me to have a stable job and a stable income and when I told her I was going to open up my own business, that was hard for her.

Madison was very stable thru the correction - head south to Janseville or go 20 minutes in all 4 directions for better values on your purchase after sale.Happy hunting!

The flip side is that Cordova has remained relatively stable and most of the housing stock is pretty new.

Once you have a stable salary, invest in a 2-4 unit home and live in one unit as owner occupant.

By walking away and using the same money on a more stable investment rather than a rationalization of potential profit.

It really depends on how much equity you have in your primary residence.You could also use the HELOC for down payment and cash reserves for any rehab or maintenance needed.Then once the property is stable you can cash out refinance to pay your HELOC back and replenish reserves.With the limited information provided this would be my suggestion.

There are options to expedite process but in terms of qualifying for loan lender will want to see stable rental history.

If the rents and rental demand in Locust Grove are stable and you can cash flow, it would surely be simpler to manage/oversee.

I am actively developing a business plan for the future  I am trying to narrow down the route to go down within real estate, but currently am eyeing small multifamily properties such as duplexes, tris, and quads and from there, get into large complexes like apartments and condos once I am more experience and financially stable.