Only way you made money on this deal, and avoided everyting being eaten up with title & recording fees and transfer taxes, was by flipping the contract - also known as wholesaling.Why can't you just call it what it is?

And if the fed rate continues to drop, so will the mortgage rate. 

Does anyone here hold a full-time job and do real estate investing on the side, if so what is that like?

There are coaches calls that can have approx 200 people in them, so there isn't direct contact with a live person.

Thanks Toben They were installed in 1989 and '1992 so they definitely are not new.

Investors can lose their capital, there can be cash calls to keep the boat a-float, and no exit strategy 

I moved into the property while getting it prepared for the next season so I could quailify for better loan options.

Eventually I want to have a go to foundation contractor as well given the fact foundation repair is so common in our area as homes age.

@Bryn Chatterton screening applicants will be SUPER important.This is a copy-paste from our website, so ignore some of the specifics.Robust Tenant ScreeningA bad tenant can lead to thousands of dollars of losses via unpaid rents, legal fees and property damages.

@James Kiefer From what I understand Pittsburgh happens to have some decent underlying fundamentals so it may not be a bad place to invest but certainly speak with local experts.