I have a feeling, that in a D area of Columbus, I would not want to be into it at any more than about $90,000.

On average, In 1 year or 1,000 years from now an ounce of gold will still be an ounce of gold and worth exactly what it is today.

This way your not spending your days doing secretarial work when you want to be adding value or getting deals.

I'm not sure what the rental market is like, but you don't want your properties sitting vacant because you are charging more than everyone else by adding water.

Stocks are a global market so brokerages can buy large ads to promote their brand, creating more public awareness and "noise" about stocks.

So I found an ad in my local craigslist "You pay taxes, you can have the house."

Then the fifth day was a Sunday, which added another day, day 6.

Paying cash, and adding 3% for closing costs, you'd be all in at 103k.

My wife and I are novice investors and have spent the last 5 years honing our property management skills, learning all we can about investing, and repositioning an 8 unit multi-family from a D+/C- property to C+/B- with what we consider good results.

Should I get on the phone first and call some local investors that I see putting ads/signs up all over town and see what they are looking for?