I lived there for 7 years and I'm sad that I missed the big growth opportunities that have occurred in the last decade.

Lastly, be sure to have the flooring installed correctly, regardless of the type, because a kitchen is subject to water spills and leaks so there are added precautions you should take to protect the floors from a spill or leak if it were to occur. 

until this occurs, you have a contract to buy the Brooklyn Bridge.  

Bad roofs and bad foundations can allow water penetration to occur over time which can cause serious issues. 

As far as "average rent," that doesn't exist as wide variations occur between markets as well as how the property will be utilized (short,long term rental or vacation). 

As you know, short sales occur when more is owed on the mortgage than the property is worth.

I certainly understand your concerns, but waiting for some external event to occur is never a viable option.

We were very fortunate to buy our primary in 2012 and have taken advantage of the once in a lifetime appreciation that has occurred since then.If you plan to stay, I agree it makes sense to pay a mortgage versus pay rent, I'd just try to be patient.

One of the major cons of real estate is that it is illiquid, meaning that your funds or equity is not readily accessible and transactions take a long time to occur when compared to other investment vehicles.

Hello, I'm a wholesaler and I've been cold calling/texting for awhile now here in Texas but It barely occurred to me that there is laws that need to be followed.