For instance, if there was a total of $250K of debt on those properties that woud leave you with $350K of proceeds to use to purchase $600K of real estate.  

Onslow County is home of Camp LeJeune (Marine base) so there is always a big need for more LTR rentals.

For instance, targeting multifamily properties (2–4 units) is a great way to grow your portfolio.

In what instances does a house get foreclosed on?

However, based on your timeline, it seems like your decision may have already been made.

Those tend to be the neighborhoods that are gentrifying.Unique stuff to Pittsburgh I would say is don't go based on zip codes since one zip code can be composed of multiple different areas/neighborhoods.

While my sister and I will not have any issues based on our history and lives, the goal is to use this property as the learning ground for the final outcome: four duplexes---Structuring the property under an LLC or land trust could trigger a due-on-sale clause, so check with the lender before proceeding.

We are based in Milwaukee WI and have tenants from Milwaukee County and the City of Milwaukee and it's pretty much hurry up and wait. 

Hi Derek,Based out of Surrey, BC and thinking of investing in the states as well.

Based on 27.5 yr straight line depreciation, that's about $1,700 of missed annual depreciation; $25,000 over 15 years - and at an ordinary tax rate of say 30% tax could amount to $7,500 off my current tax bill.