If you are willing to drive in the middle of the night all the way to Y-town when a tenant says their AC broke then I would go with Youngstown for the cheaper properties.

If you're in this for the long haul you'll have to get used to seasoning periods (for the most part) as well as amount of time it takes to reload your capital for the next down payment.  

The furnace is relatively old, so I've always toyed with the idea of separating the heat when that furnace kicks the bucket.  

Or try to find a financial partner for the long haul?

Feel free to e-mail or PM me.At this stage, I'm toying with the idea of having the Seller's attorney draw up the documents, and then I can insert/delete clauses as necessary.

If I get to Yes on number 4 on this flowchart, I pull the trigger.

On Quora, you check off a bunch of topics you're interested in and get presented with a list of questions, then can pick and choose which to answer.Do you want answers from someone on a real estate forum, or someone picking your question out of a list about sandwiches, real estate, breeding toy poodles, gender politics, and Canadian tourism?

I would put more value in relationship rather cost assuming you will be in this for along haul.

I would like to refinance in 12 months in order to put more equity into the property (pay back my private lender first of course but he may have intentions of staying for the long haul).

I recommend getting a wheelbarrow to haul loads outside.