We started buying single and multi-family properties for the cash flow.  

SELL it , keep the 90k profit and re-invest it to buy a multi family property in a different state?

And I know you'll figure out how to buy that next property.Gino

Don’t the closing costs from buying and selling an investment property eat up all the appreciation (and mortgage principal paydown)?

Crosby as well (from what I have read).Prices are still quite high so you have to buy right and in the right area in order to stay profitable.

You should start at municipality,with title insurance claim, then try working with seller directly.After exhausting these I would be sitting down with an attorney and sharing the fully paper trail for closing and the follow up with each of the three parties above to file a suit to let the courts figure out exactly where liability rests.

I personally started by buying a cheap crappy duplex.

Please join me to suit Marcos and his companies!

Yes you can buy properties extremely cheap there but the flipside is that once yoI've rehabbed them, recouping your rehab and purchase money will prove difficult because of the low property values .  

So I asked myself, in todays market is it better to fix & flip or buy & hold?