As for GPA's I graduated from Cal State Fullerton so I'm only barely literate and no intellectual threat to anyone here or elsewhere.I'm on your side regarding the subject property price point.

In several cases, the numbers looked good on paper, but once you jumped in and did more research, you realized that the ARVs being suggested by the wholesaler weren't accurate (house was in a flood zone or just over the border in a worse school district) or the rehab estimates provided by the wholesaler was off by just enough to make the deal less than appealing.

I graduated from RIT 3 months ago and am planning to buy my first rental property in Clifford Ave.

SFH, Good school district, within budget, etc).Thanks for the 'warning' on the OTC-lists.

There are friends, schools, athletics, grandparents, etc. all things that parents have to consider when they decide that they are going to move.

So the only way I can get this property paid off before all three of my elementary school kids are graduated from college is to sell the property and take my captial gains.What would you do?

A Realtor/Escrow Agent/State RE School instructor, that guy has an incredible ego.They also left out the appraisal requirements at the seller's expense as Curt mentioned..I suppose every time some RE type mentions this stuff people need to look at their expertise in finance compliance and law, then look to the agenda of that party giving that source of information.Why don't people find out that auto sales and financing is much easier than RE or brokering T-shirts from China to stores can be very profitable with very little cash?

It has pockets of great neighborhoods interspersed within pockets of "war zones", new houses on the same streets as old houses, tiny track houses next to large custom houses, several schools have closed in the last couple years; just a lot of variables that you can only know by learning your market.

I just recently graduated with a Bachelors in Communication and minnor in business.

We also have pockets of great affluence and great poverty that often butt up against each (ie...Woodbridge/New Haven) through our little State.Great poverty usually translates to lessor quality school systems which in turn drives people with the means move to the more affluent areas in the burbs to put their kids in the better school systems thus keeping up or driving up the prices in burbs while flat lining the prices in the less affluent areas, the cities.