Build a reliable team on the ground, plan occasional visits, and trust your general contractor to handle the day-to-day.

Maybe that's exactly the right move here.. just wishing that I would be able to find deals that are a tad better to make the numbers work (ie. pencil out a small positive cashflow, to allow for the occasional unforseen issue that is bound to come up, particularly as the portfolio gets bigger)If your business cash flows well, it does not matter much. 

My purpose behind my decision to pursue REI is to gain financial freedom for wife and I, my future family as well as have the ability to make sure my parents are well taken care of once they reach the retirement age.If I had to label myself I’d want to be known as an open minded rental investor for all long term, mid term and short term investing, with the occasional flip for quicker capitol to put back into another rental.

While it won't get all the way to 5.5%, it will creep towards 5%, and occasionally tick past it, with high volatility.

Most BP members in our region are familiar with the West Sacramento meetup, and there was one in Folsom meeting at Out of Bounds occasionally, but I haven't seen posts for that one lately.

I've been incredibly lucky with tenants, turnover, properties, appreciation, connections etc.That said I do occasionally find myself wondering, what if....If I had bought in Florida or Texas or a booming college town. 

While my partner could visit the property occasionally, most of the work would need to be supervised remotely, which adds an interesting logistical challenge.If you come across more ideas or recommendations from others on the forum about structuring these types of projects, I’d love to hear them.

I have read the city’s guide https://www.slcdocs.com/Planning/Guides/ADU_handbook.pdf but I still have questions.1. can tell that till require the owner to live there for the ADU. 1a is it for permanent residency or is it justified if it is a second home that I would use occasionally?

* NEWS FLASH *: None of us is perfect - GET OVER IT!

My bookkeeping firm provides me with a steady active income, which allows me to keep doing deals, cover unexpected expenses, and navigate the occasional black swan event.My Take on Cash Flow:Cash Flow is a hedge against corrections.