So, I get a middle of the road working Kitchen with cabinets, countertops, and Applainces for $6,000.  

Obviously, I am completely unfamiliar with the Pittsburgh RE market. edit: A note - my family is based in SD and I have the intentions of coming back to SoCal a few years down the road. 

Hi Mike,I lived off Riva Road, however, by looking at your picture, I was probably there before you were born!

(This applies for Wichita - cant speak for other markets)   You can find houses that are pretty darn nice in great areas for much less than you'll pay to build if you're willing to have some give and take.Top schools - Maize, Goddard, Andover - Northwest isnt a bad district for public, Northeast/Heights by Bel Aire, NE part of town have decent reputations as far as public as well as East (inner core)You might check into the guy I had mentioned that is building duplexes - Think I had given you the info in another post or a PM - thats about the only  new construction I could see paying off as a rental now and down the road.  

I'm a finance major so I think it would be nice to have down the road if REI doesn't work out for me.

My next meeting is March 30 at 6:30pm and will be held at The Recovery Room located at 65 Old Hook Road, Westwood, NJ.  

I live in Virginia (Hampton Roads Area), but have been looking in the Baltimore MD and Atlanta Georgia Areas to invest. 

You probably will have a hard time moving the property or refinancing it etc. down the road. 

The house itself sits at the end of a road, lots of trees, so fairly secluded and quiet.

I don't think I'll even bother with an LLC down the road as I currently understand it.