I my area they universally want you to have "Skin in the game"  This was not the case in the boom  they would do 100% for the right deal. 

Our advantages include lower crime, more stable neighborhoods and less sophisticated competition (and a university).  

Fitchburg was initially attractive because of it's entry-level pricing in mid-eastern MA, and my goal was to find a property close to the university and proximal to where I work.

I'm just wondering if anyone with actual experience buying properties subject to had any advice before I started out.Such as, should the "Subject To" contract be specific for each state or are they basically universal?

I am very excited about life and am ready to start a new chapter in real estate.I've been in the corporate finance world for 15+ years and hold an MBA from the University of Colorado.  

A formula from Frank and Dave over at mobile home university forum board.400 x 100 x 12 x .7 =  336000 / .1 = $3.3MCommercial (parks) are actually easy to price.  

Sometimes I think thats the universe telling me to grow something.  

However, there are some very good parts of Albany and the area is attractive because the state government, hospitals, and universities are never going to go away.  

There are several markets around major universities (College Station, Austin & Denton in particular) where demand for student housing has completely outpaced both the local market & the university's ability to provide on campus space, making those particularly good niche markets for buy & hold investors. 

I purchased my first duplex a year after graduating from University and I think its one of the best ways to begin investing.