But I like having my finger on the pulse. 

Wet finger in the air based on photos and not knowing what hvac looks like 20-30k repairs and you'll probably lose tenants during the rehab so account for 50% vacancy year one.

And I got my fingers crossed but I think there is some slight advantage of HKD buying into the GBP (for now at least), than the USD ^^I'm a newbie REI, hope to contribute to BP and learn from everyone. 

Remember, you make (or lose) your money when you buy, and in our market, it is hard to find a sane deal.I have completed exactly one flip, and really even that one is still not closed (pending under contract, keeping fingers crossed nothing gets fouled up with the buyers financing). 

What do I mean...right here on BP use the forums and put in keywords Detroit, DC, BALTIMORE, you will find a wealth of information from others who are investing in those cities, realtors, mortgage brokers, most important property managers and other real estate professionals who have their finger on the pulse of that city.

As a developer/investor, the how much is FAR more important than who.Jay, next time ask questions before pointing fingers.  

Throw your down payment into a bigger house in a nice neighborhood you think will appreciate better and that wipes out the cash flow (or worse, throwing money at it every month) and now you're just crossing your fingers hoping you didn't buy at the top of the market.

If your girlfriend can't feel joy looking at her finger with a $500 ring, knowing it symbolizes your love, you (and she) have bigger problems to deal with. 

I didn't life a finger.

Fingers crossed for you, Michelle!