I have a tendency not to combine this activity of management and selling because its too intrusive to my style of ownership.

My guess is the biggest determining factor in your search has to be location.

I know part of the issue is being a first timer, I'm afraid that if I don't take a chance, I'll never do it, but I also know I need to minimize my risk.I'm just merely hoping for a $7,000 purchase price with roughly $13,000 in repairs, therefore having some equity in the property afterwards.The house is roughly 1,200 sqft, so I'm guessing if I had to have the roof replaced would be roughly $3,500 to $4,000, not including the trusses or plywood.

Guess I'll see what happens tomorrow - whether he actually shows to move out or not.

I'm not an expert on lender liability; but, would hazard a guess that the bank will not take any action that could be construed as detrimental to the mortgagor without foreclosing first.As to the tenants, I'm sorry to hear that no one has explained what's going on to them.

Okay, as someone who feels like I spent way too long in school and believe that too many people are pursuing higher education when it is really not in their interest, I guess I'll play the contrarian.

Not sure if you are looking around the Bay Area for the new property, but guessing not for that price?

I am amazed by the volume of information and the user base that is available here.I wish I knew about this community earlier before I bought my first investment property.I have 5 investment properties, 3 in Arlington, TX, 1 in Fort Worth, TX, and 1 in Memphis, TN.I am looking forward to be a very active member, and would surely like to hook up with local investors.I am looking to get more properties in Houston and DFW area.I guess that is it for now.

I guess I'd have to seriously study the market in order to make any offers.

(I guess I can ask the same question for all the renters out there)For other investors in the Pittsburgh area, is it easier to rent out a 2 or 3BR townhouse?