I think prices will eventually increase but I am not sure if they will reach the levels that they were prior to the foreclosure crisis.

The net result is a very low return on investment.If I compare it to property I own in Dayt0n Ohio where I can be all in to a 3 bedroom one bath in a working class neighborhood for under 25,000 ( and in some cases 20K) The rental income is $625 monthly and the taxes and insurance average less than $125 an month this leaves 500 a month to cover property management , vacancy , and maintenance .

Please read to the end so we can compare details.I know that you need to login more than once depending on what you want to do.

How many prior noise complaints were there?

Can also result in money back to you for payments made ahead of time.Various settlement charges.Attorney's fees.I pulled out a couple of recent HUD-1's.On a $92,500 sales priceComissions $4625Owner's title policy $681 (0.75% of purchase price)Settlement charges from title company $125Wire fee $25Water escrow $150There were also prior year taxes, those wouldn't normally be applicableOthers are similar.

A commission is small compared to your potential profit.

Filling out the Home Buyers Check list during the inspection process of attending an open house, can assist you in evaluating, recalling and comparing different properties you visit, while searching for your next home.

Anything in particular that you bring to the table in terms of special skills, prior experience, qualifications or other things that you feel will help you get started?

I also like the idea that if I find someone's profile interesting (or what they said in a post interesting) I can work back to prior posts including any introduction they might have left on the new members forum.

What did you do prior?