It's simply the fact that if/when things get tough/go wrong, etc. you can't drop what you're doing, roll up your sleeves, and work to resolve it.At least not to the extent you can if you're playing in your local market. 

If you sell the house for $400k, and buy another house for $500k, you can roll that $150k of gain into the new house...But again, the flips side (temporary blessing) is your cost basis on that new house isn't $500k -- it's only $350k.  

Here's the scenario: In escrow on property, seller provides rent roll and tenant is 10 days late on first months' rent. 

I like to think of some as cardigan sweater wearers (Mr Rogers); some are people looking for business; some dreaming to start; a huge variety of information.Happy to roll up my sleeves.

But when I have stayed at some Airbnb's, even highly reviewed ones, they provide one roll of toilet paper, and ask you to provide your own, same with paper towels.  

You have to apply pressure when necessary to keep the ball rolling.

I call the sheriff and 3 cars rolled up in less than 10 minutes!

Also you’ll need to check with local ordinance if converting to boarding house is legal and steps needed to do so (you don’t want to pay assuming those numbers to only be told you can’t do it)you hml money you can roll into your conventional loan but you’ll need to understand the scope of time from the Gc to make sure it’s feasible 

We operate Short and Midterm rentals with strong rent rolls and little vacancy with decent cashflow.

Who really suffers in this market are the first-time homebuyers who are using down payment assistance programs that simply dont have the cash at all to put upfront for due diligence even if they did want to roll the dice.