We'd love to touch base with some new contacts in the area if you're interested next time we swing through. 

Also, Pittsburgh remains one of the best cash flowing cities in the country and has historically been relatively immune to dramatic price swings that certainly most coastal cities have experienced.If you'd like to learn more as part of your due diligence, just let me know if I can help.

There are quite a few properties in the area already selling in that rate and close to the same size and the market is swinging up really quickly.This is the property here.https://www.zillow.com/homedetails/17-Arrowwood-Ci...Also posted it for sale for a wholesale fee if another buyer bites if I don't purchase it.https://www.biggerpockets.com/forums/517/topics/60...The seller will also pay a deposit of 17200 at closing for the option to rebuy in 3 years if they don't they forfeit the deposit.

Consider too that we’re still in a seller’s market...ask yourself if you think you’ll be ok with having the duplex down the road when the market swings into a less favorable position.

Getting into the game is more important than only swinging if you can knock it out of the park.Good Luck!!

It depends on if IRS considers you an investor or trader. they look at different factors, I pulled court cases where they looked at these:(1) the taxpayer's investment intent; (2) the nature of the income to be derived from the activity; and (3) the frequency, extent, and regularity of the taxpayer's securities transactions (Kay; Mayer; and Moller)  A taxpayer is a securities trader only when both of the following are true: (1) the taxpayer's trading activity is substantial; and (2) the taxpayer seeks to profit from short-term swings in the daily market movement, rather than to profit from the long-term holding of investments. 

Im trading 2 condos on a golf course ($185K equity) for 4 blue collar homes; heres why;$445 HOA means im converting -$55 cash flow on 300K condo balues for $860 cash flow on 560K value of the 4.

I am quite content with a little hunting and fishing and playing some golf at the local muni.

Especially in the case of a condo, then you just need to check email / phone calls from tenants and send out a plumber, electrician or handyman if there is a problem -- no need to swing the hammer yourself if you are self managing.

You'll be dealing with swings in both directions that are much higher than $70 over your entire investment career.