It seems like the guy with the most deals under his belt is the most relevant to any discussion.

I'm thrilled to have my first deal under my belt!

You have a few under your belt now.

The other areas were these are located and they are still there are in dead and dying rust belt cities or cities with more houses than people.. and or high poverty rate or demographic of heavily dependent on government assistance.. many times in the urban core areas of the bigger US cities.One of the folks I like in Indy made a comment on another post..

Hi,   I'm a relatively new investor in Nashville, Tn, however our company is growing quickly as we continue to add deals under our belt.

With two full years of Real Estate activity under my belt I plan to be well on my way to building my net worth. 

thank you everyone I think I almost made  a big mistake I was looking at it on a long term buy and hold. and I ran the numbers it wasn't really working ( they said 300 cash flow a month  but it was 1300 rent and 100 for mortgage didn't factor in anything else but I really wanted to get my first deal under my belt not to mention a property for next to nothing that comes with a tenant I really feel that buy and hold is best for me and I though I could do that with this deal but it don't sound like this method is good for that also I cant flip cause she is owe 80k and the comps are around 60k.

I'm going in with no expectations so if the deal goes through or if he rejects my offer outright it would still be great experience to add under my belt.

Since we don't have any deals under our belt .

I'm just anxious to get the next deal under my belt here in CT.