Hi @Rhonda Blue,The actual requirement (assuming she purchased with a mortgage) from Fannie is that she wait six months to pull cash out.

Anything with the little blue dot lines under the word will display a definition if you hover your mouse over it. 

Highlighted in blue is the $10,000 I'm referring to.Edit: I uploaded an image, however I don't see it here.  

I like the housing mix and tax rate (on the older housing stock) coupled with availability of blue collar jobs in trucking, shipping, etc.  

Whether you like blue-collar or white collar professionals, there is opportunity and risk in both, just identify your preference and see if the market supports it.

If you go to Mid or South Arlington, you find homes from $60k-$150k with rents from $1,000 to $1,700 per month and they are your blue collar neighborhoods.

The fast food workers, custodians, blue collared workers that make your food, clean your office, are more than likely in rent controlled / sec 8 living situations.

I have an Amex Blue Cash Preferred and a Discover "it" that I like. 

Basically, there is a large blue tarp on the roof nailed down with some strapping (recently), a Pontiac Firebird up on cinderblocks in the driveway (been there a while), old looking curtains in the windows, and the property itself needs some TLC. 

But, starting off, expect to be under paid.Over time we value "blue sky" economically and financially.