Before/after pics are always interesting if you go ahead with it.

It sounds like when the Condo 2 hits near the 18 month mark, I'll go ahead and try to pull a HELOC. 

IMHO - I would buy a $20k-$30k REO  built after 1945 and fix it up to rent ready status and then offer it as a turn key or rent ready property to a fellow BP member and list it on the MLS.Even if you break even, the education you get is well worth the effort and you will be so far ahead of the average new investor.I hope that helps!

It's making me second guess RE and whether or not to look for another investment vehicle.I don't want anyone to try and sugar coat anything for me, but I find it hard to believe that there's no worthwhile opportunities in this city.Thanks ahead of time for any replies.

I may be overly ambitious and planning way too far ahead of myself.

So, you're ahead of game in that aspect. 

But when you get a property signed over to you, then you can go ahead and market that on your site.Good luck

If someone wants to take on such a project by themselves then you should put in the work required ahead of time and not ask for help on this level.I would recommend that you find a smaller place to start and gain some experience before looking at a project like this.

Schools don't matter to the young professionals that have at least 10 years ahead of them before their yet to be born kids will hit the school, but the proximity to "social happenings" is key.If you are looking at families (with kids) then definitely:- schools, crime.

I've got a lot more learning to do, but just would like to go ahead and get a reasonable perspective on it all.