Yeah, I agree with @Abe McLaurin, Columbus OH might be a good market to check out @Mason Grande!

@Bill Hinshaw Make this deal work, you're only a few grand off.

This is where grand slams are hit.Loan to Value: Prior Criteria was <65-75%; now looking more for 60-65%.

Unless you are seeing things availble now that are offering significantly higher returns in the same area, I'd hold and rent, don't get blinded by $75k equity in the grand scheme of things that isn't a ton of money in RE.

You pay no money (or a small amount) down and pay him, say, 8% to finance the 50 grand.  

If it's a small company, are the grand kids of the owner on staff or are they pros?

You can buy multi-family properties for under $500K here in Grand Junction... 

You'll definitely want someone with experience in the market you're looking at.Personally, I think in the grand scheme of things, it's not a bad time. 

What used to be the largest medieval slaughterhouse in Italy used to be right next to the famous bridge over Venice's Grand Canal.I crack up every time I hear the area referred to as "Washington's Landing," invariably by local status-seeking social-climbing parvenues of a certain age gossiping enviously with each other about big homes and belonging to a boat club.

Taking a closer look at the surrounding cities such as Yuma, Casa Grande, Arizona City, Tucson Etc.