Yes I understand that.

I’m super eager to just start my first project. 

If you're knowledgeable enough to avoid the pit falls and understand the exit strategy it's time to buy.

After conducting some more research I may have a better understanding of why the property is priced so low.

And I began to understand the many variables of conditional and situational distress, always creating market opportunities—if you are always looking.Looking for leads anywhere, one of my early mentors, Bernard, told me to go through my phone starting with letter A, and call every contact to tell them I was looking for a home.

If it is all down on paper no one can whine about not understanding.

Hi Layne,I totally understand if you are looking to purchase in a warmer climate and hold long-term.

It's fantastic to see the Bigger Pockets community growing with enthusiastic individuals eager to take the plunge into real estate investing.

I'll need to verify with a tax accountant, but with my initial research and understanding, it appears to be the case since I'll be essentially getting out of the rental business and have no other properties.

Ask that same city person for the new and the old tax levy break down.Get with a local real estate agent to walk you thru the tax calculation and exemptions so you understand how it is calculated.Look online at your property on the city’s tax GIS map.