What happens when I break even?

After that I hope to break into real estate somehow ( I've yet to decide exactly what I'll do—I'm in the early stages of education/exploration).

Again, on the surface it appears that breaking into the MFR market would be expensive and quality deals would be very limited.

Here is a link that breaks down how to get your Real Estate license in PA: http://www.wikihow.com/Become-a-Real-Estate-Agent-...Hope this helps. 

From what i've been reading property management will make or break you. 

A different viewpoint maybe ...For that low of a price, six months or so of rent gets you to break even (assuming no repairs, longer of course if it requires repairs) - so even if you missed some big mortgage, you just let the property go then.

This is another aspect of real estate that is pretty hard to break into.Bottom line every investor wants to connect with realtors that can get great deals for them. 

Build a team (have a property manager I trust was crucial- they make or break your profitability).  

Hi guys,I wanted to gage every bodies opions on the general housing market status.

Once you identify the market your interested in, then narrow your choices to markets that you would like to visit frequently that way you enjoy visiting your homes and catching tax breaks for business travel.