Because if you're trying to fly under the radar and avoid permits and building inspectors and using unlicensed contractors for electric and plumbing work, then don't bother worrying about liability.

Are you going to fly out and see it?

So many want to say no so you'll just go away and make their day easier, but there's always someone out there happy to help you see if the deal will fly if you dig deep enough.

If you're always ducking for cover you certainly can't advance.Okay, let it fly!

I think to get an interior BPO spending 100 to 200 or so with pics and even a video maybe would be worth it before flying out.I hope this investment does not represent most of the cash you had to purchase a property.

It was money well spent and now pales in comparison to the money we make on our deals.That being said, there are plenty of fly by night folks out there and the out of state thing does make it more difficult but not impossible.

Looks like you have the landlording part started.I grew up with real estate: so the understanding the market is ingrained from following my mom by watching her.I read a lot of investment book, majored in finance, did bookkeeping..Worked as RE agent for a few month (Asia)What I didn't know was: flipping : had to do one to understand Land lording: my flip didn't flip so learnt land lording on the fly Buy/selling: learnt each project from everyone involved from seller/buyer to inspectorsFinancing: learnt on each project just by talking to brokers/mortgage/bankNew construction : chose to work with builder on live in flip.

In discussing my plans for ~10 properties, she mentioned a workaround that many of her investors had used (she flies to CA with deals for investors and sells local rentals, has buyers with many properties).Tell me what you think:Basically, assume you live in house 1, rent out 2-10.

Only way to fly...

We purchase properties on the fly, fast closings & do not need to have anything approved by a 3rd party.We generally do LTO or just sell after rehab to buyers we already have lined up.We adhere strictly to arms length/no hint of a prohibited xaction rules.