Thanks Wes, I will keep looking out.Can you suggest a forum where I can get more knowledge on what to look in a property,where to look(besides the MLS) and how to calculate numbers to make sure it is a feasible buy.I am a total rookie to this and would like to be 200% sure before I make my first step.

you need to submit a request to the condo association so they can approve it. maybe this is basic knowledge but for me, being a total newb, i had no clue!

Certain others may not care and could make a total disaster of your work and money.I would highly suggest talking with a property manager in your area who deals with tenants in those types of properties to avoid shooting yourself in the foot.

I dont know if this was of topic but i know there are some pretty heavy investors on here and I would like to hear how many people have.I'll start first I have a total of 4 units Mikey-

You need about 52k total right?

The opportunity costs of packing up 5 times in 3 years are probably worse than the taxes.With an investment property, you can "rinse and repeat" so to speak without the tax consequences, cost, and hassle of moving...

i was depending on this money from pinnacles when i lost my job. i invested $85K and never took out my returns. my total investment was $177k. my one acct was closed in 10/10, the other two accts in 11/13/06. i believe i would have gotten my money and i would not been placed on this position if it was not for government regulatories. if they still have a caring heart hope they speed up the process and pay us back on time. because we got use to get paid on time so we can pay our bills and not losing our homes that we worked hard for.

Some flips don't require much fixing up, while others may require a total rehab.

I am wondering is that the total ammount of property you want to end up with.

The people who once lived there leave the house a total mess, including leaving furniture, dishes in the sink, rotten food in the fridge ect.