about the condition of the property, if it truly is this much of a "steal", and likely hesitate to pull the trigger. 2) Take a risk on a property in the city near me (cheap prices, high turnover, poor schools, low income), which is not a great city for real estate, that I can buy entirely using my HELOC.

This needs to be done in a year so that our daughter can be in the school district we want.

good for yougo make a deal happen-if you are ready to do this then get out there kick the tires and make a dealI imagine that if you are in school you have enough buddys that got your backfind a deal that makes sense and may need alittle work- no major renovations- find the owner and carve out a deal you can afford-1000 down 1000 a month for one year then finance on a term note due in five years or something creativenever be afraid to ask for something different than the mortgage game 4% for 30 years- you are the buyer that makes you the boss or grantor to the debtor, that's why they are selling they are in debt and need outenjoy

Troy is a great safe neighborhood with awesome schools, so, what is a good rental price for a 1500 sq. ft. townhome ?

Hello All,My name is Richard Santana, I am 28 years old and a high school engineering teacher.

A really old school way that I've never done but my grandpa used to employ is after signing the 1 year lease, have the tenant write out 12 checks for rents for the year, each one dated the first of every month so that they could not be cashed in ahead of time, and in the lease state that tenant is responsible for banking fees associated with bounced checks ... like I said, old school.

A particular advantage I have is that I live in a huge ranch townhome that was built on a block where an elementary school was 10 years ago.

Sonu Sharma depending on your resources and timeline another place to try is a Law School Clinic - Texas A&M in Fort Worth, SMU or UNT in Dallas.

Also want to make no issues with traffic or possible school board.

How is the area and school district?