There are jobs, infrastructure, great location, many jobs for young professionals, of course HOA dues weigh heavily on the return on rental incomes plus other expenses that occur but otherwise, is downtown a good investment considering “location, location, location”?

I would then seek out a competent attorney that has a background working with real estate investors (one with specific knowledge of wholesaling or assignment of contracts and the marketing of such).

I haven’t jumped on my first property yet and admire your courage to seek feedback. 

As a Real Estate professional you should know about:  Lease with Option to Buy, Contract for Deed, Rent to Own. 

UNLESS, and that's a big UNLESS, its on a prime block and already being professionally managed with a positive history for at least 2 years.I like @Jeff Burdick's recommendations. 

Need help from 3 professionals: a 1031 intermediary, an accountant and a lawyer.6.

You may want to seek a solid credit partner if your income/credit is not very strong. 

Hi BP, this is my first post. I'm really excited to get started.My wife and I currently own a 2 bdrm condo in Newton, MA that we rent out. I'm only earning $400 cash-flow per month on a $2400 rent payment. We have a l...

Jay Jones you may want to consider that you might be getting “set up” by a professional tenant.

They looked like professionals in this and the sad part is the kid.