That makes sense about focusing on the portfolio as a whole - I'd love to invest in both markets in the long term, but I had wondered if starting off with just one would be easier to start off with.

I was wondering if anyone can give advice on getting their spouse on board?

Good to know but I will most likely be switching fields temporarily come next year once I finish school, your point just hammers the need to change eventually.

So I wonder would others let this go? 

I would make sure I had the money to finish the house and get it rented as soon as possible before buying.

Property needs total rehab and was wondering if anybody has experience with total rehabs, what kind of check list do you use, what should I be looking for. 

You can disallow pets and limit your tenant pool but preserve your finishes (hopefully), or allow pets and cash in on responsible pet owners.

I have the guy down to 125k and I was wondering what everyone thinks about this.

I am wondering if this has something to do with the inventory available.  

Talk to Harold Williams (Their Estimator) I've worked on several jobs where my clients have used them for abatement (including the State Capitol); They have always been impressed with Harold's fair bids and the company's ability to finish on time and under budget.Hope this helps!