Also, if you haven't lived there but are a co-owner, you or your friend may not be able to avoid capital gains tax.

I currently have 8 SFH in the Decatur, IL and Springfield, IL areas. 

I saw one post where someone mentioned using AppFolio’s bulk upload with a custom spreadsheet, but I imagine there are a lot of different ways people do this.I feel like I might be overcomplicating things, so I’d love to hear how others handle it.

What else I learned was even if you have friends in the area, or even family, while they say no problem, as we get older we all value our time and it doesn't always feel right asking them to do stuff without compensation or with, but it is always tricky to work that relationship when they don't meet your expectations. 

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Speaking with one of our attorneys she mentioned the largest area of defaults she has seen is in SS space as it got over saturated in some markets and rent appreciation has not been as advertised.

I am looking at growing areas such as NC and TN. 

I also assume you’re investing in an area with increasing rents so look at 3-5 years out with increased rents an it better cashflow well if rent isn’t stagnant. 

@Denver McClure Would be a good connection to make as he is in your area.

Here are a few ideas:1.