. $120k, but would like to do $75k down and keep about $45k for remodel unless we can finance itSource of down payment funds, if applicable: current home proceedsIncome Source: Salaried plus commissions/bonus - but both wife and I have to qualify with base pay only since we do not have two years at current employers.FICO: ExcellentI think seller financing the whole thing is too risky to us (seller wants $100k down and balloon in 5 years).

If he ever wants to return, he must apply just like any new applicant;2.

@Vlad Denisov I am not a syndication expert, but in my 20+ year professional life, I have learned the Pareto principal is applicable in every aspect of business.

It is probably not very convenient for people who have no experience with regulated business but might be great for those who have experience and want to grow fast.I hope this model is applicable in US too. 

Note that most of these homes have anything to do with LEED, but if they did they would all likely be LEED Platinum.I've been watching the progress and all of these houses sell (except for one developer who went nuts on both design and pricing, but that's a different story). 

@Matt R. it will definitely be interesting to watch the city grow and change over the long haul.

You need to watch and learn your neighborhood/market.As far as home value appreciation, I wouldn't count on that.

You can watch the about Community - Network Events link above to see where we will hold the next meeting.

We're looking at either a 3/2 or duplex if we can find one.My question is when looking at investment properties in these areas, are there certain things to watch out that will most affect our investment?

(I only save about $700 a month)My question is, what should I be doing in the mean time besides reading books and watching webinars?