I just take huge risks, apparently.Now I've found lots of alternative CPC sources that aren't as ridiculous as Facebook/Google (as an aside, 99% of what you see running on these sites is material that they would ban, except they are being "cloaked" by affiliates...basically the ad revenue that sustains these massive companies comes entirely from people whose ads they explicitly ban..something you might want to know if you own any stock in them).

For the most part it will be just like buying any other house, except the bank wont make repairs, they will want you to sign an extensive addendum holding them harmless from the property after the sale, and to close on time or pay a per-diam penalty.They hate having a contracted deal all apart, so they like strong offers (less contingecies) with high deposits.

An exception is that the very high end condo market there, as the current price is still far below the construction cost and therefore new projects must wait until the price is a lot higher to start.

@Bill Exeter is right on except Pa State income tax is 3.07%.

Is there an exception if it is a bankruptcy ?

But to explain a little more, since you are starting out, and assuming you don't have assets right now, you basically have nothing except a mortgage.

I paint my apartments with the cheap HD eggshell flat paint (except for the bath /kitchen).

From what I've been reading MOs are not getting involved in mobiles, except for the MH dealers.

We bought the triplex in 2010, basically right at the bottom of the market around here, so it is cash flow positive, but not as good of a ROI as our AZ properties (which we bought in the last 2.5 years).Since the Phoenix area has appreciated so much lately, there's not that much there that makes sense any more (though it's still better than SoCal), so we are now considering buying in other states (I'm just starting to research, so we don't have any particular markets in mind yet, except that we want to buy in areas that are at least relatively landlord-friendly).

Except you're not going to get the same cap rate for the same income stream in LA, AZ, or TX.