Whenever I see BS offers & inquiries, this song plays in my head.

I've been investing in Toledo for going on a decade and it's the only place I choose to place my money.The trick is doing it all correctly...that's where your local investment association, your fellow investors, and the BP community come into play.Welcome to BP, there is more information up here than you will ever be able to read...a surprising amount about Toledo!

I really wanna move on this but want to dance to the right song.

I have recently been unemployed for going on 3 months now.

Timothy Joseph Rental property investing typically pays 5 ways: 1.) monthly cashflow2.) appreciation3.) tax benefits4.) loan pay down by tenant5.) inflation-profitingWith a condo investment, you might be forgoing #1 and #2 in the immediate term.

I have been in the mortgage industry for going on 6 years now and currently own & operate my 1-woman show, mortgage contract processing company.

I had a long drive from SF to Southern CA, and decided to forgo my pump-up playlist in lieu of something more educational.

.** (it was a song) :)

(expecting to rent for $8000/month)I made an offer that the owner seems to like for $600k cash now, then an additional $1M cash after we get the unrented space rented with a good tenant for going rates.That means net around $47000/yr if space goes unrented with 600k invested OR $141000/year with 1.6M invested.I'm horribly afraid of missing something with this much money on the line.

Then again, if you can purchase that lesser area building for a song and get it leased up, maybe you can build enough equity in it so that you can move up to a building in a better area.