Quote from @Yianni Hahalis: I'm looking to move to Cleveland within the year and get my foot in the door with real estate.

I have created a lot of loss in my taxes over the last few years and now want to get a mortgage for a new primary home.

I would only recommend purchasing items that fall into that vision. 

We've wanted to purchase an investment property for year but have been afraid to jump in.

Most people are wrong about cuts, but for fun, many people saying we may only get Fed cuts 1-2x this year. 

I've been going and buying property at this particular sale for many years. 

@Clark Harbaugh, Given the favorable tax rulings over the last few years (in particular revolving around trusts and their equaling a beneficial interest in the underlining propery) the IRS has actually been much more lenient (or at least silent) on these issues. 

Verifying last 2 years of rental history very important!

My goal is collect income from the property and I expect the value of the property to rise as well over the next few years.

However, year-over-year average and median prices increased for the 5th year in a row.