It has many distressed homes, and I believe this area holds great potential due to its location just outside the city.

A bit about me: I’m currently exploring various investing strategies (fix-and-flip, buy-and-hold, etc.) and looking to expand my knowledge in residential and commercial real estate.

So we are holding steady, looking for the right deal and trying to expand our network.   

Values are holding strong, with sellers receiving an average of 96% of their original list price.Townhomes & Condos: Expanding HorizonsWhile townhome and condo sales dipped by 19%, the median sale price edged up slightly to $420,000.

The first few years we used HELOCS to make the down payments on our buy and holds, as well as down payment on a flip.

Investment Info:Single-family residence buy & hold investment in Aberdeen.

Investment Info:Large multi-family (5+ units) buy & hold investment.

I have 5+ buy and hold properties,  i have limited cash right now for another down payment, my debt to income ration hits almost the limit.

They will provide detailed pro forma's on properties, do analysis on your behalf, have trusted vendors, and put deals in front of you.A crappy RE agent will put you on a drip campaign and tell you to get a hold of them when you see something you like.  

One bad tenant or major maintenance expense can cost you $5,000 - $10,000.Your only hope is to hold the property long enough that rents increase or the home appreciates, but even that could take 10 years to balance out the losses you incur in the meantime.