And a multitude of other rules come up with that (along with other tax planning opportunities such as tax free appreciation), won't go into details as it is worth a conversation with a CPA and attorney.

@Tyrone Osilesi depending on the market we just talk with appraiers and banks about the value, there are a multitude of factors regarding valuations, so it's best to speak to experts.

Many of you rightly may be thinking "just pay your student loans you fool" for a multitude of reasons including guaranteed return, easier financing, overextended, cash flow issues, already leveraged, etc.

Also If i could add any advice keep up the learning, but definitely get into a deal, Pittsburgh is a pretty forgiving market and there are a multitude of good deals.

@Frederic Mileo hi Frederic, i understand your struggle with NY as i have had a multitude of investors from NY and NJ reach out to me for advice on other markets to invest in, primarily CT.

I've seen it discussed on these forums a multitude of times.

@Shiri Fein Hey Shiri,That is dependent of a multitude of factors from location to quality of the asset...  

Do not let anyone pressure you into closing early if you do not feel comfortable.It could be a multitude of reasons why the seller wants to close sooner - they don't want you to back out as has been mentioned and know that prices will drop, they need the money due to being laid off, don't want to be stuck with property tax burden, they don't want to deal with the hassle of trying to rent it out when it's extremely difficult to find tenants right now.

There are a multitude of ways this isn't adding up, as you are observing.

The issue I have, they don't enforce a multitude of other rules.