Very much a"block to block" city, with respect to "niceness."

Depending on your price range there may be very little commission per transaction and from an agent's perspective the time spent looking at properties may not be worth the return.

Since you are a disqualified person with respect to your IRA, no transfer can occur between you and your retirement account.

In the area that I invest, the rent ranges from 850 - 950 for a 1 bedroom and 1000 - 1200 for a 2 bedroom.

I'm also hoping to earn the respect of a local mentor, patient enough to help me learn and earn in the business.

You see people craning their necks for 2%, wherein the 1% range is more realistic for most of the country.

However, that is not the scope of this article and is generally not in the range of a typical real estate investor’s risk profile.

I also know of a few investors looking to unload entire portfolios in the area ($1 mil+ range).

If you have access to a HELOC on your house it would be a great way to be ready to write a check, under market value, before they start marketing it through a realtor.I live in a little bit more upscale neighborhood, but if there was a market for rentals in that price range I would buy every house in the neighborhood when it came available.

That's such a wide range and it's a little further from where I'm actually purchasing if that helps at all?