I'm in California and wondering does it make sense to invest land in other states.NOTE FROM MODERATOR: PLEASE DO NOT POST ANY OFFERS TO SELL LAND OR PROPERTIES IN THIS THREAD.

Pittsburgh has multiple top tier universities, we have a booming technology center, lots of movies/shows being filmed and studios being built due to tax friendly policies, we have moderate weather due to being out of the Lake Erie snowbelt, we are low-to-medium cost of living, and still have a ton of industry.

***PLEASE moderators...do not pull that down..I'm not selling anything, as there is nothing there to sell...I'm just trying to show actual deals. 

The only problem is the houses become valuable, taxes go up, rents go up more moderately, and I feel pressure to sell/exchange and get my yield up. 

Looking to spend no more than 450k. 2) I've enjoyed moderate success as an agent in Westchester Co NY.

Hello everyone,This is my first post, and I have a few questions.My names Joe, I am 27 married with a 18mo old son,I am currently taking online classes to become an agent (3rd day) in California, I currently live in Texas. but will soon be moving back to Bakersfield California,With the job market for my current field a job looks distant and at the urging of a personal friend and very succesful Realtor and former "power broker" I am entering the field of Real Estate, and he is attepting to bring me on to his current company.My wife and I are interested in possibly picking up a rough foreclosure and rehabbing it, We will most likely occupy the home while in construction, We are currently looking at homes and duplexes in Bakersfield Ca and surrounding farming towns.Our current financial situation is 25K in savings, and 50k in 6mo CD (out in sept), I am currently unemployed in texas and have been since January after moving here for a job and being laid off and we are looking at older homes in the 35-50k range, that need minor to moderate work.

Some areas will not stay rented with even moderately decent tenants (meaning they can keep a job and don't smoke crack), and the resell value is nonexistent.

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If someone is highly leveraged, say 80-90%, and another person is moderately, say 40-50%, where is the "partial hedge against economic difficulties"?

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