The other problem with basement units besides noise is the lack of natural light coming in.

I would love to meet someone from this area or within 50 miles who can shed some lights on me about real estate.

I have mentioned this many times before but what do you think would happen to the auto industry if all vehicles had to be paid for in cash like many foreign countries.. that's why there are so few cars in many of those countries.. and what would happen to private aviation where light aircraft enjoy 90% financing for 20 years at 4 to 6% interest and there are tax benefits but they start at 400 k  and light jets that start at 3 million or light turbo props at 2 million.. yet hundreds of these are sold each year .. all because of credit.and just like commercial airliners many are leased and those leasing companies are buy 50 million dollar or 100 million dollar planes with credit not cash then leasing them to the airline.s   bottom line credit freeze's we see what happened. 

I would try to stay near Light Rail and transportation options.

@Robert Walston The lender I just gave the "green light" to get pre-qual'd mentioned putting 20% down to help lower the monthly payment, but I didn't really question it, as I don't plan on doing that if not required.But something that did catch me off guard was that he suggested I might need to show the (income) ability to carry the entire note, as if there were no tenants.This may not be difficult for a duplex but a 3-4 unit would be.

I have people that run it down to lightbulbs, each light switch and outlet cover is counted and figured in to their analysis. 17 pages of SKU numbers from Home Depot or Lowes, who they are having lay carpet and the cost they are paying.

As I read through Alex Goldovsky's book Bulletproof Title Due Diligence (great book btw) and some of the potential title issues come to light, I'm wondering what jurisdictions you experienced investors have blacklisted and will not invest in.

The only reason to call and leave a message is to light a fire under them.Just my 2 cents and good luck

@Jacque FairbournI certainly hope that you didn't think I was trying to portray DoHardMoney.com in a negative light.  

I know it can burn when you have a totally baseless case filed against your llc, because you'll obviously have to shell out the $$ for your attorney to defend the llc, money that you'll never recoup, but its necessary and really shines light on the ability of your operation to scale itself.As to needing to be licensed - I know W-2 employees don't need a license for brokerage activities concerning properties owned by their employer.