If the property could be set in "pending" status, this would be advantageous as the property could be inspected, the financing initiated (lender NASB require up to 35 days to close) and less fear of losing the property because of out of state status.

@David Hurt I am on your team as far as putting the usual expenses on credit card but that is exactly why i fear that my available credit will always be on the lower side unless we *sigh* get more credit.

Stalk social media like no other, if you don't find them first by their name/number/email, check their references and find them that way, some people do fake names...   

People need to quit making choices based on fear and instead get informed knowledge that clarifies their questions to make a decision on whether  a certain type of investment is right for them.Nina I think you should stay away from the cheap and dumpy houses in marginal areas.

These are things like:  talking to people,  getting over the fear of the phone, hard work , taking risks and betting it all, handling failure and rejection, perseverance, and picking yourself up off the floor, dusting yourself off and doing it all over again.

I've never met a single tenant that challenged their case worker from fear of getting kicked off the program & losing their assistance.

As we come closer and closer to a closing date, we are beginning to have some concerns and fears since this is our first real estate investment.

I fear my kids would not attend my funeral if I left them multi-famiy housing to sort out.

in regards to participating in Auction.com; online auctions, (and an out of country investor with boots on the ground to mobilize any rehab after the fact and peak in windows before hand)  ....is there any immediate hick up I am not seeing, regarding funding, earnest money, anything else, that should keep an out of country investor sidelined......I have never participated in an online auction and would like to participate while I am out of country....fear, unknown is keeping me sidelined.mattlooking at florida market particpation, jacksonville fl

I find that the potential sellers are either too paranoid to find (they hide from everyone fearing their creditors) or emotionally divorced from the property....they have already made up their mind to default and there is no way to impress upon them that that's a horribly bad decision.Some of what I experience is unique to Texas and Texas rules however.