I have an opportunity to get a mortgage for the first time ever (due to a confluence of positive circumstances such as mortgage rates, my DtoI ratio, my wife working, etc) and am inclined to get two or three, thinking that a good SFD is almost always going to be a good bet if it flows and doesn't need a new HVAC or roof for some time, and even if housing prices drop due to major economic fundamentals going awry such as a stock market bubble burst or our debt problems coming home to roost, or the middle class going the way of the dodo bird ...

Properties reside in different locations within the same area.Working on structuring a Multi-Property deal, consisting of Multifamily units on the East Coast.

. , I own up in the east bay, but electricity costs can't be that different..

There were diagonal cracks throughout most of the walls in each room, and in the basement one of the exterior walls had like a 1-1 1/2 foot crack in the block starting at the floor and there was a small ammount of water running from that to the middle of the room.

I live just east of Louisville in Shelby County.Being a competent inspector and rehab estimator is a great starting edge for you, so wholesaling/flipping could be a terrific way to start to building capital.Consider getting your real estate license as well to get access to MLS, be able to inspect properties on your own, save(or earn) commissions, network with realtors, and control your deals.

I don't know how to explain this yet as the taxes in this neighborhood (which is a historic neighborhood in the middle of the city) are about $21,000 annually.

There are several members on this forum that are in a similar situation (West coasters investing out East - FL, OH, PA, etc).

I think I may have found someone here on biggerpockets that might have a good entry opportunity on the east coast, actually. 

I currently live in East Lansing where I attended and graduated from Michigan State University - home of the 2014 Rose Bowl Champs!!!

I really want to have a property under contract at the end of this month or by the middle of next month, Am I rushing things??