I've been living here pretty much my whole life, so I'm familiar with the area. 

It has only been on Zillow for a day so they might not bite quick on the offer but judging by only 3 people saving the property it may be a great opportunity.

I live a somewhat boring life and have held the same job for the last 17 years.

I love what's happening in Lawrenceville with lots of new life being breathed back into older homes etc.

Or use the profit from the rent to save on the next down payment?

This way you can help them out of a bad situation and possibly help them save their credit by avoding forclosure3.

I think I would be lucky to qualify for a loan of half the amount of what I estimate the property to be worth.So as of now I'm saving (5k now), keeping my credit score in the "excellent" range and trying to learn new ways to fund my first investment even if it isn't purchasing the multiplex I live in now. 

Our goal is to one day achieve our level of financial freedom to be able to give our family the life that we are dreaming of. 

But I am trying to keep an eye on the market.Down payment is doable wish cash that I saved and partnering with my mother-in-law.

Just like I'd love a cheap place in Monaco, but I'm not entitled to have it for life from some governing body.