Yup, property condition, vintage, neighborhood, tenant base, property management are all very important considerations. 

Without a firm base and working familiarity with these three areas the investor will not have the knowledge to analyze, negotiate and close advantageous real estate transactions. 2- Experience - the first few deals are likely to be smaller, harder, with more “surprises” and not as profitable as the investor imagined.

If one of those can't be shown, the request for appeal may be denied or the court may hear the appeal and return a per curium affirmed (PCA) based simply on the briefs, both of which will shorten the length of time to conclusion.I looked at the CO promulgated real estate contract, and it has a provision that the prevailing party will be awarded their costs and expenses including attorney's fees, so the parties better be sure of the strength of their positions.If it were me, I'd probably push for mediation as soon as possible. 

I still think it's a good investment based off the numbers above regardless. 

If you know you are going to 30+ properties quickly I would choose the PMS based on that rather than where you are now.

As others said out of state can be more challenging based on location but local or out of state both can be done. 

the gentlemen I fund finds them does the due diligence and I verify based on my years of experience at development.. but keep in mind these have some risk of failure thats one reason the returns are so high..

I don't know how to post documents to my profile yet or if that's a thing but I just made a 4 page ASR package based off of another site.

This will vary based on region but in general 2 – 5 points, 9% - 16% APR (meaning this is the annual rate so divide it by 12 to get the monthly interest amount), and documents fees can be from $600 – $1,900.

Based on that, do you anticipate increasing or decreasing your investments?