Moral of the story is that I'd rather use $60k on a property and learn as I go BUT I don't want it to be a losing proposition as soon as I buy.Thank you for the lesson on balloon payments and the land financing/collateral percentages.

Good landscaping can definitely give a property a boost.  

I think it would make a great option for further down the road, after you have cash-flowing properties that can boost your income! 

If you can get a 4 unit and a basement, that would be ideal and create major cash flow and equity creation, plus you can not worry about a property manager and boost your yield.Personally, I am very bullish on New York and NYC itself.

To be boost energy, morale and motivation, in this super tough market, Would any BPers investing in the OKC market like to share your RECENT (with a year) success investment deals?

We need home owners to boost values.

If I can help a family find a forever home, that helps me with my own ethical and moral values.  

“The assumption that’s built into [section 8] is that the people who need these deep subsidies have somehow a moral failing that makes them incapable of affording the housing.

It's certainly hard to argue the safety of investing debt free, but a small amount of "good debt" in order to boost profit is also hard to argue with.

Hey @Leo Morales, I'm from the Chattanooga area.