15 year mortgages are painful and will back you up against a wall fast but if you have the money...they pay down great and I prefer them for investment property especially with partners. 20 year is slightly less painful.

If you must ask such a basic question, you really need to reconsider your investment choices...

what i was saying is that i prefer rehabbing, but i have a little construction experience, and i'm mechanically inclined.

I know it sounds crazy to throw more money at it, but in most cases it is your safest choice.

Ordinarily, notwithstanding the common advice to start with a single family property, my preference is to acquire a fourplex, triplex, or duplex (in that order).

I personally prefer to be in control of the transaction and there are no laws against, so I want to see my name on that check.

Would you prefer I want to buy a house in a crummy neighborhood just because I could get it cheaper and on paper it cash flowed for more?

I prefer to take an average sold price per square foot of the area for the last 12 months and work off of this data as my standard.

The prices may be quite a bit lower, so ask yourself why--one reason is that the dues, fees, fines, and assessments can/will be increased/added sometimes for reasons with which you totally disaagree, that might be harmful to your unit, and that you have no choice but to comply with.

The only people that will do that are DESPERATE sellers who have no other choice.