Actually, for me, it was just a fun gamble -- Christina mentioned the tax lien to me at a REIA meeting and 2 minutes later I offered to write her a check for 50%, while Ned was just laughing at me for my lack of due diligence...  :-)We'll be all-in for $6500 or so, and hopefully we can sell it for a profit. 

And that's still a gamble.

Crime rateGang activityHorrible weatherNothing to do unless your hobbies are shopping and gambling.

Always great to meet another PSU alum interested in real estate - I played sports with a few Duvals up at PSU. 

My interests tend to be on the technology side of the spectrum with sports mixed in.I bought my first condo in Boston at the end of 2012 with the plan to live in it for a few years, then buy another, before renting the first out.

Betting on appreciation with a risky interest only, adjustable rate mortgage is simply gambling.

The thirteen year old is in travel sports so we are always on the go with her.

Both are extreme sports, aren't they Joe?

How about a rentable common space for parties, sports events, game nights, etc?

But if you're willing to take the gamble, the returns could be huge if the development does happen.