Property location, features, and condition matter only to the extent they affect the numbers.

Hi, Im a NYC resident and I ve saved $40K, currently unemployed, working part timeI want to invest part of tht savings, around $30K to buy a cash flowporpertyMy idea is to buy in cash a condo in a city with a decent job market and a good local economyI looked into Tampa and Miami where prices went down a lot and, potentially, i can also relocate thereWhere should i invest?

The problem is, I'm really detail oriented and my wife and I are unemployed.

Federal Reserve reduced its economic outlook for 2009.The central bank said it expects some business conditions to improve in coming months, but it also lowered its assessment of the economy for the full year and said unemployment could reach nearly 10 percent.I'm shocked!

The unemployment rate is sky high in the city but there is a very stable rental market in Detroit...this year alone 20 homes bought / rehabbed and 19 homes filled in under 3 weeks - 1 home took 5...each had 2-3 qualifyed tenants to pick from.

When you find a couple areas you are interested in do what Jon said, get the economic factors - population, unemployment # etc..

So join us where you can let your hair down, rant or rave, or do both about the Real Estate Market.This Month we will feature Ricardo Bueno, Media Consultant from the Real Estate Tomato.

I can tell you this, if California unemployment rate of 11.5% doesn't improve, the rental and home prices will suffer.

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I remember when they first started that program (when I signed up it was unlimited) I was worried I would be over but never have been.Also – I never use the account to fax from – so I do not have the .10 per page outgoing fee – I have an all-in-one machine and I just fax from it – or from the PC using free software.I am used to it – that is for sure – but for me there are advantages over a traditional fax machine – heck – I have an all-in-one so I have a fax sitting right here – but I love that it goes to my email and I can get faxes while I am on the road. 50% of the faxes I get do not have to be printed out so I save lots of paper and ink…and I like not having to scan things in – I just file with the rest of the doc’s for that project and it is all in one place.So – it is more then just routine for me – I actually really like the features that come with internet fax – I am not saying efax has or does anything special – I can select to get my fax in either .pdf or .efx (efax’s own software) and I get it in .pdf.I have even faxed things to myself to get a paper doc into .pdf (before I had software that would do it)…It does take about 5 min. for the fax to show up – some people call and say they faxed something and call to check and they don’t get why I don’t have it the second they faxed it.