So, if you study the patterns, you will know when you need to jump in for the cheaper areas.The pop in prices we experienced in 2012 to 2013 was the pop that always happens right after the market bottoms out, as investors scoop up the irresistible deals.

See if they have had a formal reserve study performed, and how recent that was.

At this point most of my time is devoted to studying.

I wouldn't dare comparing myself to contractors or architects, but I was able to grow my knowledge of historical buildings through study, so might as well continue asking newbie questions while I'm at it.PSI'm in the old continent, so BP contacts won't help me much.

I've never really talked with him about it, but I've studied his "before" and "afters" on the MLS, and it's easy to see what he's doing (another advatage of being a Realtor).

A key detail I discovered on posts here is that I would not be able to roll from my Roth type retirement (which is the majority of my retirement).

After the one year rent guarantee runs out the buyer, almost always distant, discovers they have bought a property at an above retail price that needs continual maintenance and doesn't rent for anywhere near what the seller claimed.At best you'll give up some of your profit in exchange for not having to do any work.

@Sean W.Welcome to BiggerPockets, where the only thing we love more than doing deals is talking about doing deals :)I studied 7 years before I did the first deal.

I've been looking into applying for my RE licence abroad or self studying for me G.

Most of us here wouldn't bother to sniff this deal....let alone put the effort you have into it....I hope it works out well for you or maybe you'll get lucky and discover another deal killer in the inspection so you can walk away and save yourself the headaches!