Everyone on this thread has made very valid educated points.I don't suggest this for a newbie living paycheck to paycheck; but if your in a financial position to bear the weight of some repairs and vacancy out of pocket, this may be a great long term play.Although we don't typically invest upon speculation, an educated person could make an assumption So Ca will continue to increasing in value over a long term period.

I will definitely continue my networking...

@Michael NievesThere are rules about occupancy when you use a VA loan.Intermittent occupancy due to work is okay as long as you can show that you have a pattern of continuous residency in that community...

I have worked hard to get my credit score up from 444 to 597 and will continue to work until I get it to a positive level.

Thank you all and I hope you continue to do well.Curt

Phoenix has grown concentrically for decades and based on the planning models I see that trend is going to continue.

@Carrie AngyalWhen you have an inspection and ask for adjustments, the original deal is null because you no longer have a meeting of the minds.Moving forward means both parties have to agree to continue.

I'm ready to invest another $50k or so and was considering investing out of state, small multifamilies in less desirable areas near me, or to continue investing in my comfort area.About the target property: I would classify it as an A or A- area based on what a lot of people call B and C areas around Chicago.

I'm not sure the building will still be for sale long enough for me to sell these two buildings Scenario #2I keep saving until I have enough for another downpayment on another four family and continue to rinse and repeat this for years.

I currently work as a Development Manager and continue to provide architectural feedback once requested.