Anyone in the the Alexandria Va area interested in participating in a Bigger Pockets Meet Up?

If after you get to your new job you don't feel you can make the necessary commitment to be an active participant, then maybe look at turnkey properties.

My section 8 tenants live in bare bones houses in a semi-ghetto.

@Mindy Chaffin - could you go through your first post in this thread point by point now that you have better hindsight on that, and maybe re-write it with having one additional year of participating with them.

Even at a purchase price of $95K, this would barely cash flow.

I had a number of other BP members that were seriously interested in participating.

However, the only "deals" in the NJ area seem to be in Newark, Irvington, Paterson or other areas we'd rather not live.Towns with great schools and a great neighborhood are have very few multi-families available and the few we've looked at are negative cashflow due to high purchase price and property taxes.We've talked to our realtor about REOs and short sales but so far he hasn't found us anything.We've explored cheaper towns bordering high crime areas and although we can find houses in the $200-300k range, taxes and lower rent prices make these properties barely positive.

I'm almost at information overload but I'm sure it will all sink in the more I participate on this site.

I wanted to test the waters and find out if there would be anyone interested in participating.

That said, a participant in a contract can always just fail to perform under the terms of the contract.