re: @Shaun Caldwell You're right on the money with your approach.

@Shaun Reilly (and others): Thanks so much for sharing based on your experiences.

@Shaun Carl Yeah looks like my math was bad, should be 28,000I figured that with 915/month cash flow even accounting for 25% of rents going to maintenance that would still leave a cash flow of about 565/month for the whole house. 

@Shaun Reilly  Thanks for telling me about the Black Diamond event.

My name is Shaun Huston, I'm from the Western Michigan area.

Thanks for the advice Shaun,I look foward to meeting you in these events.

Thanks Shaun and Paul.

...And Shaun, I agree with you on the two points.  

@Shaun HicksHow are you and your partner planning to find your properties?

Originally posted by @Shaun Reilly:While I'm with some of the others that it isn't worth messing around with if you are violating licensing law or taking on someone else's headache there are things you can potentially do.Both locally and for some out of state properties I have done a "boots on the ground" a la carte type arrangement with people.Locally I have some places that are about 40min (no traffic) from my house that are close to where I grew up, and about 15min from where I used to work.