This would get me the property essentially free BUT would leave me with almost no passive income (break-even) because the rent is not high enough, the mortgage would be for 134K, the property tax is not helping and I would have to close twice in a short period.What am I concerned about:1.

I am in a very high tax bracket so taxes are costly.

I would also like to purchase used appliances from the place on High st (I'm blanking on the name).

That's what I hear most consistently in success stories: pick a homeowner scenario (inherited house, high equity, out of state landlord, abandoned, etc.), and send many direct mailers to property owners that fit the description in your target area.

Once decided that they are interested in selling a property subject-to the existing mortgage have them stay in contact with you daily with updates keeping the motivation high.

@Bruce Mac I also agree with @Gary Swank about the high tech industry moving into Pittsburgh.

My husband and I own a vacant lot near the riverwalk in a highly desirable (A) neighborhood in San Antonio.  

That seems high, but they are a very well-known company, so I'm sure they command a higher price.Thanks!

Many of us that are frequent posters get an incredibly high number of messages on here. 50 to 100 a week at times.  

High unemployment also can be found on city-data.