Erie has a lot going on such as a hospital being built along with other development plans that will drive prices upwards.  

I’ve worn a number of hats—commercial mortgage originations, syndication, securitization, etc and was once a CFO for an affordable housing developer using low income housing tax credits.I’ve seen the tail end of the early ‘90’s downturn and was knee deep in the most recent one.

Do you have a good lease, accounting software, intention to inspect the unit twice a year or more, online payment system (you'll want this since you travel alot), screening criteria, and ability to implement all of your policies and deal with tenant issues along with showings associated with vacancy?

Hey Account Closed,When I'm deciding whether to even offer on a property, I look at MLS, Zillow, Craigslist and Rentometer.CL has a map function that allows you to drill down into the specific area you're looking at.I've developed relationships with few property managers in the area, and I call them as well.  

I was looking at a development investment in a mining town in Western Australia (WA) (structured and managed by a 3rd pty) but held off last year as job security was somewhat uncertain and had a little one (now arrived) on the way.  

Any direct or indirect transaction between his IRA and such a disqualified party would result in a self-dealing prohibited transaction for his IRA with severe tax consequences.Your father's IRA could be used to form a new real estate development business using a Rollover as Business Startup program.  

Right now my wife and I are with a little boutique firm here in Lake Oswego called Soldera.. and the owners are all like minded and all do investment's and develop and build.. so there is no conflict with them and the managing broker is an attorney as well so she keeps us well grounded...Of course they won't let me deal with the public at all !!!

I wonder if there's a way I could leverage from software dev skills to help analyze the parcel list and refine prospective parcels?

Is there new development nearby , is that neighborhood growing or changing? 

I do plan on going to ACH with Appfolio but I'm still new to the software and perfecting the tenant payments by ACH first.