When I first started as a carpenter in VT I worked for a high-end custom design-build firm and all of our guys were actually local white boys.

What is it that you ask that gives you comfort?

I've found its pretty hard for folks to get comfortable with a purchase out of state if they haven't seen the general areas that they think they'd like to buy in.While I love where your heads at - best thing you can do right now is likely focusing on saving cash, REI education, paying off loans, and enjoying your last year of school!

I mean its not good enough for me to leave the comfort of my backyard here in BCS :)

Its not impossible to do it 100% remotely but when its your first out of state rental - its probably much much better to go in person for it - and then when you find an agent that you trust and has proven to be able to be up to the job and your needs, then future properties you can be more comfortable not going down to look at all the properties

I'm still working full time and I'm not comfortable doing a flip so far away yet.

With this strategy you could be out of pocket $10K or less per deal and essentially scale at a comfortable rate without over leveraging.

Depreciation is typically allocated according to the ownership percentages outlined in the partnership or syndication agreement, which are set in advance and follow certain rules under the tax code.However, some syndication structures can be designed with different classes of partners or special allocations, but these arrangements are subject to complex tax rules, such as the "substantial economic effect" rule under Section 704(b) of the Internal Revenue Code.

Get out of your comfort zone.

No loans.In a country with few social safety nets for immigrants, especially for the Chinese, Abu used her fierce negotiation skills and supernatural intuitive business sense to live a very comfortable life and take care of her family.