It’s really helpful to understand the different processes in various states.I’m particularly interested in how this compares to New York, as I’m considering investing there.

Very old building as well , my client was very strict with how much money he wanted to invest in the building. 

@Gregg Camp, rent-by-the-room investments can be absolute cash cows, however, PadSplit is not meant for traveling nurses.

Typically what @Samuel Diouf suggested will not work, unless you also include a significant and successful value add, for a few reasons 1) debt to income requirements likely will provide a means to get a loan on a 2nd property.   2) saving 5% for OO down in Orange County on MF likely means at least $50k with closing costs.   3) the home if purchased rent ready off mls will still be cash flow negative after a year (and 2 years, 3 years, … at some point it will have positive cash flow but I would not expect it in less than 3 years on rent ready property.  

You're in the right place to learn about real estate investing.

I'm new to real estate investing and am based in NYC.

I look forward to anyone's insight on this.I am looking to take the plunge on investing and have been looking at Pueblo, CO for some time now.

Although this is technically inaccurate (I saw a case where a sheriff sale of this sort was challenged and the challenge lawsuit took 11 months, deed recording came after that), that is the typical practical waiting period to get the title insurance for the resale.Whatever the mortgage balance, that’s now your obligation to get paid off; before even bidding on any sheriff sale property you should have a good idea of any remaining mortgage balance(s).

Hi,I've invested in Greenville texas and wanted to connect with other investors that have invested there that I can network with.

If they stay for 10 years, it could be a very good investment.1.