The property paid for virtually all of the work, non of it was out of pocket. 

A bit time consuming (you could probably pay a virtual temp to do the legwork) but all told just cost me some time and $100 on stamps and envelopes.

There is virtually nothing in life that is passive, and apartments are surely not one of them.

I do virtual wholesaling and like to meet potential buyers and like minded people

We hire virtual assistants to run my operations for us.

@Brian DiMaggioAwesome to meet you virtually Brian!

My big, giant, red flag concern is that there is virtually no job growth in this area.

Are you looking to virtual wholesale in Detroit or move from Pittsburgh to start your business here.

The phone number will be forwarded to a virtual assistant who'll take some general info about the property and weed out the cranks, pranks, fakers and flakes. 

I think if you break even today you’d still be a net winner in 5-10 years with higher rents, appreciation, loan pay down etc...most people I talk to can’t change their life with $100/mo cash flow or even $250/mo so if it’s $0-$250 it’s virtually the same.)Are you planning on using property manager?