Continue shopping around for one that fits your business model.

Its not one size fits all.

And most rentals in the area I'm looking go for $1150-1350, so $130k Townhomes seem like a great fit.

But we plan to sell this one in another year or so again to avoid high taxes but mean while we have been remodeling the house with money out of our pockets, we get our money back anyways so we don't mind doing a little bit at a time to the house almost everyday.It has been a lot of hard work, a lot of sacrifice, a lot a lot of patience plus putting fun and having nice cars, nice clothing a lot of stuff people have aside to be able to have what we have now, but its all worth it because the best part is they have all been paid off in cash so we have no mortgages plus we get rental income coming in, but we are not stopping there we hope to continue to reach our goal which is having at least 10 rental properties and build our custom home by the time we are 55-60 years old we are now 37.

Then think about selling it and think about how that fits into your plans.

There are also several treads on BP explaining what you can and cannot do.Do not present an offer to any potential investor until you have a significant relationship with them and know that they are qualified and are a good fit for the level of risk in your deal.

Integrity...never compromises on core beliefs...We all bring our own gifts, talents, uniqueness...don't compromise to fit in the box...

Although we may not have a property that fits your needs at the moment, we are always adding new properties to our offerings, so please check back frequently.

And even the basic "buy as much house as you can afford" and selling home ownership as "the American dream" are doing a disservice to people who would be better off renting or buying the least house that fits their needs.

I live in New York where the property rates are high, not sure where I fit in as a newbie and with these flat pockets.