After such a long, slow economic recovery the good news is that unemployment is the lowest in my lifetime, home prices have recovered and even skyrocketed depending on where you live. Wages are increasing, along with ...

Asking prices are high, but sellers in this market are generally more patient and willing to wait for a buyer who likes the property versus a fast sell < 2mo. 

SFRs in the suburbs are for growing families who want to be in certain school districts--these properties will have high property taxes and be at the more expensive end of the spectrum, but you can find fixer uppers and sell them at a good price after rehab if you are patient and look deep--try auction sites like Auction.com, Williams & Williams, Xome, Hubzu.

I've seen too many people who watch too much TV and lose because they weren't patient.

It might take a while at first but if you are patient and put in the work the deals will eventually come.

And if you can be patient it will reward you greatly.

Be patient in this market.

I am a big believer in being patient on the buy - aggressive on the paydowns as my tenants pay me monthly cash flow in the present and monthly principal reductions for the future.

I patiently waited, and when I finally purchased my first four unit in Lyons, IL, it was a home run. 

When calculating the patient's eligibility for medical assistance, they included the worth of the home and the patient was forced to pay more out of pocket each month.I offer some advice from my personal life - don't put this off.