Here's a breakdown of my current plan and aspirations:Current Situation:- I have $350K earmarked for real estate investment.- Currently renting an apartment in New York, but planning to relocate to Massachusetts with my wife.- Eyeing areas like Worcester, Shrewsbury, Grafton, and Millbury for a single-family house, priced around $500K, with a planned $100K down payment.

also you look at the comp plan  comprehensive zoning plan.  

I never lock any HELOC money into any project that I do not plan on getting my money back within 6 months.My HELOC is right around 9% as well and interest only.

I had no problem with that appraisal either.A few of the appraisers with whom I've met have requested the very documentation I am providing, and they have always requested it be provided at the appraisal, not the first time I speak with them.I do agree with Real Estate though, that if you plan to follow the advice of J Scott's original post, you MUST arrange your schedule around the appraiser.

If you are serious about investing in other markets, I would absolutely plan a couple of trips that coincide with local meetups/REIA events for each market. 

@Stephanie LucianoIf you currently own a home and you don't plan on selling it or making it an investment property, this financing option wouldn't be available to you.

I have a property that I'm currently living in but plan to turn into a rental once I buy a house in the next year.

Thank you so much for the Response Alecia, I think it is important to add that i can use an FHA loan to get this home and do PLAN on living in one of the units since i still live at home as of now.This was great advice, i appreciate your time

This is definitely an expense I had not planned for.Christine

Longer vs shorter occupancy (e.g. if you have planned work).