Anyone else who can add to that in the same vein, keep it coming.

.-2011 graduate of Grove City College (BS in entrepreneurship)-Previously worked at a private equity firm-Passionate about startups and hope to start a business in the future-Enjoy brewing beer with friends and reading non-fiction booksAnyone else out there from Pgh?

Market value doesn't need to matter quite as much (unless you are really hoping to bank on some appreciation later, then that's a different story).I join everyone else tho in the concern about the cash flow being as good as you think.

If I remember correctly, this contradicts what I learned in my real estate classes -- while an unrecorded deed may not protect against third-party claims, the deed itself still defines a legal conveyance of title/ownership.Someone else may want to answer this one since I have never done a transaction without an escrow company.

That doesn't mean I know everything because working for a home builder is more scheduling than anything else but I do know my way around a home so I want to use those skills however I can.Here's my somewhat unique situation.

I have a strict no pet policy that I enforce only as an excuse to pull money from their security deposit if I have to deal with pet messes in a any way.

. :) Plus, you know what they say about guys who have to drive big cars....they're probably compensating for something else that isn't big (and I'm not talking about his ego).

The velocity of money has nothing to do with the use of capital or your opportunity costs, use of funds, what else would you do with the money, from that you can see if paying down the debt is the better choice. :)

As far as planning, don't forget things like furnishings, maintenance, permits, and whatever else you would see in your market.Good luck!

(bank accounts, LLC's/Corps, etc.)D) Anything else you may want to add?