As far as your potential investment property, I would be careful about buying any property near a flood zone.

Instead, the SEC alleges, nearly all of the funds went directly into Shapiro’s and Woodbridge’s own projects.

Every store has its perks some with convenience some with prices so you have to be on the lookout constantly for discounts and coupons and sometimes you can get some really nice deals.

@John Warren do you have a rec for a structural engineer near Homewood?

This way you can learn the business, make contacts, start making income and then later on when you're know the business inside and out you can start making more risky moves by acquiring the expensive properties near the hot areas and work your magic on them. 

Do you always have to have a 20 percent down payment because here near Seattle (ish) thats an easy $50K not including closing. 

@Christina Savinar  Yes, any property even somewhat near a stream could fall into a flood zone. 

And I've got 3 duplexes and am under contract on my second house in CLE, but I'm just investing over near Euclid so far. 

Not to mention a $190,000 property would nearly drain my savings.I'd like to hear some stories from others about why/why not purchasing turnkey properties is a good option. 

But I'd be happy to go over your numbers with you as well as give you a rent estimate if you want based on other rentals we manage near there.