Our main goal however is to sell the property as quickly as possible to a qualified buyer.

The homeowner will have a redemption period in which they can buy the property back for a certain percentage over what it sold for.The main advantage is that you are guaranteed a certain percentage on your money.

RENO will be $9,500.House in 2010 had new main service ran, A/C, hot water.

Don't discount the great knowledge of others from all over that will be able to help you too.Read the articles on the main blog, listen to the BP Podcasts and be active on the forums and you will get a great education in any aspect of real estate you are interested in.Good to see you already are hitting some of the local REIAs.

Also if you are flexible enough that you can also take in roommates in your unit then you could end up living free and maybe pull out a little money too.Look around on BiggerPockets and read the main blog and listen to the BP Podcasts and be active in the forums.

Elizabeth Colegrove utilities are separate.My main concern is the added noise a second person would make.

I work more than full-time for my main gig and fitting the time in for real estate can be challenging.

For me, this would take a new options account at a specialist broker, but I'm calculating out the benefits of this "pure play" hedging index, vs the effort.As to the amount/cost of the hedge, I agree that you're mainly trying to avoid a loss if a market bubble hits or you're stuck with an unpurchased/unrented home for some time.

But again, if you're looking mainly at appreciation you'll miss the great cashflow that properties in the Pittsburgh market provide.

I would be looking for coastal/Caribbean, it's mainly going to be something I wanted to do for my mom, and I've never exactly planned a vacation, (I'm 21 with no kids) besides road trips with college buddies...