I only see "Vacant Renovation" on the policy.

This versus the warmer climate states we are getting 8 plus caps with median income of 100,000 or higher with strong growth and with 25% down have cash on cash around 14% non-recourse 10 year term loan with 30 year amort.Lenders like to see at least 50,000 population in  a 5 mile radius and not a negative population growth trend.

There are negatives to this approach (mainly living next door to tenants), but works for many.

I plan on using the money I make to finance buy-and-hold real estate deals in the Austin, TX area, where I one day plan to settle down at.My first question to the community is, Do you think it is a good idea to pay off my remaining student loan and vehicle debt before jumping into the world of real estate?

Michael, we did not have a lot of negative surprises on this one.  

Now I only look at the auctions in Vermont, but the various city/town clerks I have talked to are always quite helpful.

It's not the best investment per se, as the cash flow is negative, but we had to get a bigger place with a baby on the way, and it's underwater so we couldn't sell. 

BP Family,I'm looking to purchase a condo in DTLA (Downtown LA) soon...but wanted to hear your thoughts before making the jump.The unit is $1M and I only plan on living there for 5 years or less...1.

First of all, am I on the right track or should a take another approach due to the uniqueness of the situation?

Some who used to do it say it led to negative relationships with other Realtors.Is there a service out there that can put a listing on the local MLS?