On the journey, I once sold properties that were 30 minutes away as being too far, and also managed some properties that were 200 miles away. 

Just make sure that the new property can cover the HELOC payments as well as its own mortgage.

I'm looking at properties in Kentucky and Tennessee currently for LTR.

Now I am inheriting a huge fixer-upper in Dallas which we will probably live in for a few years after it is repaired.My ideal situation with REI is to buy and hold multiple properties while also flipping a few per year to supplement our income.

My property tax is around $350 a year. 

Now days you don't buy a deal you make the deal either with how you operate the property, how you finance the property, or how you purchase the property.

We each pay $300/month (allegedly) and there is zero upkeep to the property (no pool, landscaping, common area).

Quote from @Chris Seveney: Quote from @Jeffrey Farkas: I bought a property in a foreclosure auction.

You may get better results by purchasing a duplex, triplex, or fourplex.Here's a guide that describes what good cash flow looks like and how to analyze a property.

Hi everyone,I'm curious to know if any property managers here send feedback forms to tenants after they've moved out.