When the market comes back, there will be plenty of opportunity to sell it and make a nice profit.

Unless your happy renting a nice place.

(BTW, IT'S A LONG POST)The Basics: You're going to need a few basic tools in your arsenal if you're plan on being successful.

(the offer is in the low 30's as it was listed for $38k and the house appears in quite nice shape and the fact that if the furnace was shot or wiring, etc., we have already determined we'd buy the house anyway).

I'm searching online and can't find any reference.To be clear of my intentions: I'm not interested in setting it to the absolute lowest... rather I hope to say something like: "legally I can cap it at 68 degrees, but since I'm such a nice guy, i'm capping it at 72.

Boy, I was looking for a nice way to say that.

It's 2 houses in a not that nice neighborhood in Buffalo, N.Y.

Also, for those who are aware of purchasing property through your retirement accounts (this could be a seperate blog) what a nice option, to be able to buy a discounted piece of real estate with your IRA and having control of it instead of having your money tied into a mutual fund, which you have little control.With this all said, what is your opinion?

Hopefully, your warranty would cover it, but at some point that's going to need replacing.The HOA does indeed cover the outsides.

I'm sure your Iranian neighbor is a nice guy, and I would probably hang out with him as well over yourself.