Lee, if you have enough room, you can certainly just use transactional funding which would likely be the way to go over a hard money loan as the HML will require cash reserves and skin in the game.

It's difficult to make a snap shot decision in favor of condo because there are so many variables (common area amenities, age of roof, dry rot on siding, etc.).

Anytime a tenant has complained about it being too dry in the house, I tell them to get a small aquarium.

Foreclosures are dried, coupled with the 15-30 day OO periods things are pretty slow on the rehabs...

You can learn from investors' mistakes and maybe they'll teach you some of their tricks.(3) It allows you to be in the game without having your skin in the game just yet. 

(I live in a dry state and everyone waters their lawns)- I will be managing by myself.  

I know that market has been drying so I am not sure how much longer it will be around.This is an amazing site because everyone has a different niche they exploit.

I my area they universally want you to have "Skin in the game"  This was not the case in the boom  they would do 100% for the right deal. 

Your other option would be to go direct to the census data for this information which you can find at census.gov, but thats a dry read.

As far as we know, if the leak was only couple days, we can jsut let it dry and there shouldn't be any problem.