The property could be a great wholesale or rehab.The sellers were given a letter stating they could initiate a short sale (a loan modification was denied).

@Mindy Jensen, it was a helpful tip that saved me from a ticket.What I initially did is I bought window paint from the store and put my message on my windows while I shopped around for a place to do the decals.

For an initial fee of $97 and $29 a month thereafter, they will provide a list of private money lenders, from 6-12%. 

As landlords and facility managers, you can’t solve this resource crisis, but you will be challenged to control water waste.By taking the initiative to flush less water down the toilet, you can do more for your facilities’ overall usage.

The building code rules will require that all new homes by 2030 are heated with electricity/geothermal systems.Union Gas isn't happy about it:I'd be interested in hearing people's thoughts on this initiative. 

That's great information - I think my preference is to not do student rentals at least initially, so I'd target non-student (or graduate student) rentals.Tim

The property has been on the market for about three months, their initial asking was $120k.

Hopefully there are no other liens but if there are, and you did not see them during your initial search, you would still have a chance to back out of the deal given certain circumstances; write this in the contingency clause of the sale. 

As a new investor there is so much for me to think about, finding the right property, financing, and, above all, overcoming my fear so I can take that initial step forward.  

I had given him $7500 (about 1/2 of the initial draw the bank gave me) to buy supplies.