Ok let me tell you my first deal I ever went through! My mom and dad saw a cheap property for 40,000 (2 houses on a 1 lot in TX, CHEAP!) on ebay! So my parents told the guy he wanted him to hold it so he could get he loan. (one thing my parents should have gotten a contract to hold the property!) so they got the loan and guess what the guy said, he sold it! so my parent went to look for another one and they found one for 20,00 (a peace of JUNK but we didn't know because we didn't look at it, mistake 2!) So my parents bought it and bam our life came to night mare ville! ok we drove our cars up there then all our stuff and there was the scary trashed house! It costed a lot of money to move up there! This place was in the middle of no ware! Ok think of this! A family coming from Phoenix, AZ (A BIG CITY) going to no ware BUG VILLE! lol but seriously there was poisiness spiders every ware! Mice the size of rats and my parents thought that it was a bad place for us and they didn't want to loose us, kids to a stupid spider that had a whole bunch of eyes!
So we moved back here and end up spending the rest (bad disition!) (Mistake 3! You shouldn't move some ware without seeing the place in person!) Now that we all look back we should have saved the money for now! And buy a property in this market! :'(
But this bad experience taught me so much! I'm almost glad it happened but I wish I could have known without experiencing it!
(sorry for some miss spells!)