Thank you Ann Bellamy for your two cents, I appreciate your opinion and am really just looking as to what my best options are in Eastern Massachusetts, or maybe start thinking about investing in other areas where the numbers are more favorable.

You need as many facts in your favor as possible.

I've always thought what a shame it is that duplex construction fell out of favor, as it offers such a great way for young people to break into home ownership.I got started by purchasing a duplex in Tosa from my own landlord.

Negotiate the purchase price down significantly and creating favorable terms (by having seller delay payments) were some of my ideas, but I dont have the experience that other men and women on this board have.

As a note investor, I am in favor of cleaning up the servicing food chain to get better and faster results.

Biggerpockets has many knowledgable experts here, and a few inspirational investors that I personally favor, like Brandon Turner, William Bernard, and Rich Deweese.

You're doing them a favor by providing an extremely attractive investment compared to what they're currently earning, so posture it that way.

Well, I am in favor, John, of a 3rd party payee, as in a seller financing 3rd party payee.See http://www.biggerpockets.com/forums/70/topics/59733-note-servicing-companiesI hate the thought of the seller not paying the PITI and the buyer getting hurt.Another difference I set the rent to market rent, and if the PITI is greater, charge an additional non refundable monthly option payment.

Of course the benefit would need to be in the mentors favor, but the newbi with true determination would be the one who is truly being blessed.

The place is move in ready....its looking pretty tasty from an investment standpoint.If anything the train will work in my favor when negotiating.Thank you everyone or the input!