I love the idea of becoming a property investor, but have no further defined which area I would focus on. 

The law does not define what is considered abandoned. 

@Carini Rochester How do you define a "Decent Rate"? 

Analyze 50 real opportunities, that will help you learn your market and define your criteria, and start making offers in line with that criteria. 

I define the "rat race" as the endless circle of paying bills and saving, only.

Then, determine your buy box that further defines the type of property and the geographical location.I think it is important to remember that whatever you start with in your buy box can change and evolve over time. 

I would be very interested to hear how you define the three tenant pools in Las Vegas.   

Your cash flow would have been worse, but historically in your market the ROI is defined by the appreciation.  

“New construction” is defined as brand new construction as well as any “substantial rehabilitation”, upgrading projects and renovations.What if I’m unable to use the tax credit this year, does the 45L tax credit carry forward?

Sounds like the right call will be defined by so many factors.