Question 1.First of all I never ever owned a Property, I don't even know who to talk to or where to go or anything and nobody gives me actual step by step information no matter what I ask.All I know how to do really is Pay Taxes.

Boston Fair Housing Commission...you have successfully convinced me never to buy property in MA. haha The worst part was that the court ruled something along the lines of....discrimination need not of been intended nor to actually have happened in order for a fair housing violation to have occurred. 

J Scott actually makes a great point.

Everybody wants a 6 pack but no one wants to put in the actual work that's needed.

I think what's more important is the actual house, location, rental numbers, and upside. 

That would mean my last investment would have cost me around $24000 in closing costs, that would have been almost triple the actual cost.

If it is an actual deal the money will come.  

Simply by the numbers - population, size - it would be almost impossible for Birmingham to actually supplant the Bay Area.

@Peter DangThis can depend a few factors, the first of which is whether the payment was actually late.

I was set to close on a house today (currently in it's redemption period of foreclosure) but the appraisal last week discovered that the square footage had been listed as more than 250sf over actual, taking the price per sf from $74 to $86; still ok but not nearly the deal I thought it was.