But something to keep in mind. 

It is important that you keep the investment for a medium to long term.

This requires your agent to truly be YOUR agent and promote your best interests and keep your bargaining information confidential.

I did not like the first two candidates so we are still working on bringing in the designer.I actually think this is a great way to keep accountability going. 

Once everyone understand the mechanics, and the results for all: they'll keep coming back to the table!

They'd be much better off being a Hard Money Lender and make 5 times that (and every repair to their "investment house" is paid by them...So, if you put $10k down on a property and make $150/month net cash flow your Coc Return (annualized) is 18% which is Very Good.If you followed that and understand it then keep looking for a deal.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

I would keep track of of all the losses, and work with a CPA.

I will keep looking and update this forum.. 

My plan was to keep the condo as my residence, but after a year, refinance to fund a down payment on a multi-family property, either out of state or in the surrounding NY area.