http://www.inman.com/next/11-amazing-real-estate-facts-to-entertain-your-brain/

But you can still find something in that price range, just maybe not close in.The problem that I see with your plan is that it may be difficult to figure out how much you can afford to pay each month for a mortgage without knowing how much you'll be making at your next job.  

The house is in a neighborhood that is still fairly affordable and transitioning.

I entertain deals throughout my state, but, we have so many MLS sites that finding professionals who are a part of that market and then working with them seems convoluted.What do you think?

Many BP users are smaller investors and not able to afford something as expensive as AF.

If you can't afford a months downtime, this isn't the game for you.

I've had the "I can't afford Hoboken/JC/Edgewater/Weehawken" conversation more times than I can count in the last 3 months, and natural gentrification in this instance will only lead inland.  

So that's why I still use good old fashioned yard signs when I have a vacancy in some of my rentals.)Nevertheless, I think in general it's often a good idea to buy in the best school district you can afford because it will open your property up to a wider variety of renters. 

When you think about a retail buyer, those that could afford/qualify for a mortgage on a $125k house of this nature are probably more inclined to rent for another year or two and step up to a $140k-$200k house where you are getting stabilized neighborhood, not fringe and much more house. 

We continued to live with our parents, save money, pay down our $50,000+ student debt bills and more than anything learn and invest in real estate in our hometown.However, after 18 months of relentless studying, networking, calling, door-knocking, and driving for dollars everywhere in Indianapolis we identified two duplexes via our newly built network that finally fit our goals (and that we could afford).