Yes Pittsburgh is a good choice for Investors who either live here or are remote as the buy-in is a lot more conducive than other more saturated markets.

It's works most anywhere- but not everywhere that rental real estate works well in.  I

Can you help me understand how the $8M factors in?I

In one of my markets I invest in I could buy a house cash for $200,000.

It's reassuring to hear it's not a rare nightmare scenario I'm in. I

The only reason I chimed in is a lot of folks might take this as gospel for any and all areas.

You may have to search a bit for the right contractor or engineer - sometimes I see one solution dominating in an area - "that is how we always do it"  Thanks for the input - yes, it sounds like the specific area this house is in is particularly bad for foundation issues.  

I believe that many will be able to purchase a townhome or condo, but not that dream home close to the city.  1 month in, I think 1-2 are right but #3 is tricky.  

Quote from @Jed Butikofer: Quote from @Jonathan Greene:If you aren't house hacking, multifamily deals should be profitable (maybe not in CA).When I review markets I have lived in, I see 2 bed duplexes for $500k-$700k while only generating $1,400 each in monthly rent.

The only time I'd say it's an okay idea is if either: The area you're investing in is expecting so much appreciation that you will easily profit off that (watch out for mortgage interest though...the appreciation needs to be higher than what you pay in that and expenses to make it profitable)You have some specific reason for wanting to do it- family ties, future home, major long-term hold, etc.Maybe I'm forgetting another one, but those two are all I have for now...