(this helps expands your geographic targets if you don't have to manage), etc. 

There are thousands of time shares for sale on the net and vacations can be had for pennies on the dollar.I think we sold his time share on a web site selling them for about $20.

Local market for now but eventually I'd love to target out-of-state properties as well.

The markets you’re targeting sound promising.If you’re open to it, consider Memphis.

I'm actively thinking about my target areas and possible deals, but would really appreciate if there were any groups or mentors available interested in discussing the ins and outs of favorable market locations, financing, ideal type of investments and getting that elusive First Purchase!

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

You could figure out roughly what range the properties you would be targeting would cost and use your own assumptions to come up with something similar.

Thanks, Savannah.I appreciate the offer and will definitely use it as I work my way through the information and calculators on the BP web site.

The appraisals cluster like shooting on a target, but the margin of error is not small, about 10% between the highest and the lowest, which is about as much as a Zestimate.But what do you expect for $400?

But not sure if I'm overlooking anything else that would cause increased scrutiny.Also, to clarify, my overall goal with the property is simply long-term wealth building through mortgage pay down and appreciation so I'm not targeting properties with very high cash flow thus the focus on tax writeoffs.