There are quite a few markets that you can buy in within that range.

If I were to buy a building that is in second mortgage foreclosure.

The "right decision" really comes down to what YOUR goals were when buying this property.

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It's not for everyone, but we've had many out of state buyers buy sight unseen and close remotely.

Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as tenants in common, can A & B essentially switch over the rental income to B, whereby B reports all rental income and expenses on their taxes and A reports no rental income and expenses?

Of course buying right is always the key, but is there anything else I can do to help navigate the turbulence?

Buy rentals with 10% or better net caps.

Hello BP community,I am relatively new to REI investing and getting ready to buy my third rental property. 

Much safer bet would be to buy an existing home with a view in a nice neighborhood.