Hi Michelle, question is why you would want to do that. You will be shelling out a lot of money every month for a property that is difficult to maintain. If you really just want to invest in something you could consider something with a family. But as a "blind" investment -- this would be very risky indeed. Properties take work and a human being on site to keep them in good shape.
You have not missed anything. The economy is not going to magically recover in the next month or three. Wait until you come back to find something worthwhile. The certainty will pay off more than the panic driven purchase of something you cannot properly analyze.... more