To be honest I'm flexible in not having positive cash flow because I'd plan to live there and no longer paying rent already puts me $900/month ahead while not even considering the equity being built.I'm looking in the Philly suburb areas at homes around the 250k mark (which is where it seems you need to be for something decent) and it seems the average rents for nice 3br/1.5bath are only about 1500/month.

You have many productive years ahead of you, all you have to do is make them count.

Region's home-price rise near U.S, top"  It states, "South Florida's 11% gain is the nation's second highest....2nd to Las Vegas and ahead of San Francisco ....I would like opinions

Today we came into the house another 1 week later, and my Dad yells for me to rush into the house.water has flooded the 1st floor as water is leaking through the ceiling.  

Today we came into the house another 1 week later, and my Dad yells for me to rush into the house.water has flooded the 1st floor as water is leaking through the ceiling.  

even within a 'seller's market...' as they can then actually come out MUCH further ahead on a lease purchase if they don't need to 'cash- out,' immediately?

I don't mind losing money if I did all my due diligence and made a bad deal, what I would mind is losing money because I took a shortcut, or did not fully understand the risks and went ahead anyway.

Kelly,In my experiance, if you have the money for a DP (20%) the banks will go ahead and count the rent on a property towards your income, otherwise you will have to show some track record for that property's performance.  

I mention that to state: it would be best to secure several cash buyers ahead of time especially when you're doing business with banks as a wholesaler.

The developer went ahead and recorded the plan and sold lots and unsuspecting buyers were denied building permits until the bridge is built.