However, I would rather leave my money in the stock market and hold off for a better opportunity.I'm a little out of ideas in terms of where to look for the golden investment MF property over here in the NE.

Even in a urban area, purpose built buildings have little value when the specific tenant leaves.

I'm doing everything in my power to get to the point where I can leave my job and receive all my income from REI.

With this approach it is very important to set a before rehab price that leaves room for added value.

I went and talked to the mortgage guy down at the bank to see if he had any connections and the guy was useless..If anyone has any experience with this type of acquisition feel free to leave anything you feel is important to know.

Companies will build like gang busters for 5yrs then all of sudden pick up and leave, so will the population.As Ned stated buy right with enough cushion to sustain long term.

Our business gas been selling land positions during this unprecedented downturn, leaving me with no income so now I am buying properties to fix and hold or sell-----anyway.Land is very speculative and you really need a good working knowledge about the whole process .

But don't just read 50 books and never leave your office.

so they can force me to leave?????

I'm finding that I'm coming up short on the down payment because most of my reserves I planned on using to put down for the downpayment- leaving me with 3 month's worth of "emergency funds" whereas the bank wants to see 6 month's worth.