I guess it is just the idea of multiple loans, as you said.

Once you have this information, you should be able to form a better idea of if this is a good purchase.  

Hi everyone!First time poster!First of all, thank you for your time, I appreciate the community here and look forward to years of great learning.Currently I work for a commercial HVAC company here in Southern Californ...

It's also a good idea to look at what kind of areas are experiencing retail/restaurant booms.

A fiscally sound city will have cash reserves which helps with vitalization projects and encouraging jobs into the city.Taking the first step is the hardest.

It would give me a better idea for determining if it will cashflow and what I should be offering on these properties.Alternatively if anyone has experience with foreclosures in the CNY or Syracuse area and has a general rule of thumb (if one exists) for making offers on foreclosure listings I'd love to hear about that as well.  

(read first 3)Looking for a MentorLooking for a job in R.ETaking several courses in Coursera and Udemy  All thoughts and ideas are very welcome!

Any ideas on whether she could apply for a second home instead of an investment?

After the year I plan on keeping things as is, so that net cash flow can mitigate any rental expense that I myself incur (i pay 525 mo for a 1 bed apartment).Do you guys think its a good idea to get a source of passive income in the midwest (where I currently work), to offset my rental expense, and future rental expense if i ever decide to move to a more expensive area?

That will give you an idea how much you could borrow.