#'s are too complicated here where I cant focus.Thanks again.Yeah, the Boston area is tough huh?

I have seen it suggested that I should run an ad saying something along the lines of "Handyman special, must sell" and telling anyone that calls on it that I just sold the place, but I can give them a call if I run across something else that suits their needs.

This is a tough business.

But at $870/oz, pretty tough to stomach buying it.

I suggest you find a good mortgage broker in your area that specializes in investment property.

You will have to use each one interdependent of each other in all situations because each will have a special knowledge of a different piece of the puzzle and help put the puzzle together in the proper way.

Remember that HOA is always a hidden expense that can skyrocket substantially if you don't check their reserves, how long it has been since the roof was replaced, possible special assessments for sewer lines / water utilities (especially for rural properties with private utility companies)I am a novice and almost made the mistake of investing in a condo in the Phoenix market with $300 cash flow after PITI, mgmt fee, & HOA.

This is a tough one as I do a lot of domestic violence counseling and am also a landlord.I too would have to take a middle of the road position.

Pre-paid and un-paid expenses (real property taxes, hazard insurance, special assessments) are typically pro-rated to the day of closing.

I would strongly suggest that you contact an attorney in your local area that specializes in evictions.