My concern is that I find a property and do a bunch of work to find out if it is doable and then find a buyer, and they undercut me or something.Please enlighten the noob.

Bartstop, I think a rentals that are 35 minutes away are very doable!!!

I am a newbie, unfortunately I did not verse my question clearly. The question I'm trying to ask is, can a rent-to-own become an investment or a purchased HUD home? I do a apologize-just trying to learn.

Seems like it should be doable if we can find an apt deal for around 3-4M at an 8-10 cap and get fixed rate financing and lever up, but I am wondering what all of you guys are seeing right now.If it's possible, any suggestions for markets to look at?

You'd have to run the numbers, and I'd suggest talking to some local banks for this type of refi, but it is doable if the property has potential.

It's a very doable thing, but I'd say not when you are just starting out.I live in LA and have never had a problem with out-of-state investing.

I am in the process of investing in out of state properties. doing my research on the forum 3 things are key. (1) a good PM and (2) a good trustworthy realtor and (3) a good RE attorney.(1) and (3) are doable by reading reviews and doing some standard interviewing with them - however I have an issue with (2).

Totally doable even in California when your properties are in South Carolina.

Obviously, the deal is not doable at full purchase price.At purchase price of $75,000 with 25% ($18,750) down, remainder of $56,250 financed over 20 years at 6% = $4836 annual debt service.At purchase price of $50,000 with 25% ($12,500) down, remainder of $37,500 financed over 20 years at 6% = $3223 annual debt service.How does this deal look to the forum members?

It is doable, but the hardest part about it is juggling schedules and finding time to generate leads.