@Ashish Yadav Before you pick markets, I think you should better define your criteria first.

More troubling, it wasn’t known until the minutes were published last week that unease about the new policy was fairly broad among the remaining seven officials who didn’t vote.

A home at $250- $300k would be at the upper end of the spectrum for a broad area around where I am going to invest.

I do believe that there are longer term consequences for different people and different parties being elected but that is not a can of worms I want to open right now.I do believe that we could since consequences if there is not a defined winner on election night or shortly thereafter.

My recommendation is to clearly define and quantify your goals and criteria.

However the APR should be above the minimum defined by the IRS depending on the duration of the loan.

I think it’s very worth it if you can qualify for “real estate professional” status as defined by the IRS.  

Correct, FHA is very strict on too many primary residences within a marketplace (defined as 100 miles from your current, owned primary residence). 

When you say all the opportunities seem to be on the south side or south burbs, what exactly are you defining as a good opportunity? 

Once you define your goals, then the community can definitely help you target in on an area you want to be in.