On the income side, I would physically go out and visit the comparable properties, if they exist.  

Hello all.I am a newbie  and step one for me is saving for a down payment and practice analyzing deals. However, I think my expectations are out of whack and need input on how I should refocus. My initial strategy was...

I also want to find something that I can do should I not be able to physically do the remodeling anymore.

@Derek Caffe Aside from infrastructure , mechanicals , physical inspections , be sure to review the zoning/permitted uses and what you will need to bring to current standards if you are modifying it along with a survey and phase 1 inspection.

You can always put in the contract 'purchase contingent of analysis of financials and physical inspection of property'. 

A physical asset that has the ability to generate passive income is the greatest thing on earth.  

Just learn from your mistakes and turn any fear into positive results.Taking physical action is what you need.  

Be careful of the guy who says he self-performs everything.Preference to a contractor with a physical office.

Location ultimately will determain ultimate profits in owning physical RE assets.  

I'll contact you later" type of response).Trouble for me is, I live overseas, so physically visiting this person is a bit difficult, but I'm not adverse to the idea, for the principle of the matter.My question is, at what point do I call the police?