And even for chosen purchases it is always with a service or credit card which can be disputed. 

If property management is not chosen wisely you can loose a lot of money very fast.

The same tenants that didn't pay you rent while they were residents likely won't pay even if you get a judgment against them.For better or worse, this is the nature of the business we've chosen!

Our chosen house is bigger but on a slab, I liked it bc it’s more spacious and looks better quality with tall ceiling etc.

Great problem for my existing portfolio, horrible problem for my chosen strategy.

I would have chosen Option 2.

if you're looking to invest out of state, read these 3 threads first.https://www.biggerpockets.com/forums/48/topics/1159104-overl...https://www.biggerpockets.com/forums/12/topics/1171104-the-m...https://www.biggerpockets.com/forums/48/topics/1193623-rent-...with interest rates where they are, you just aren't going to 'cash flow' meaningfully on your first, or first few properties, for your first few years, if they are 'traditional' LTRs. with that said, if you're serious about picking an OOS market, i'd recommend going to your chosen market in person, probably multiple times, to set up your team.

if you buy a property at market price in a good neighborhood - you will break even or lose money.and in general, if you're serious about this, i'd recommend going to your chosen market in person, probably multiple times, to set up your team. 

Hi Shivani,First of all, the number chosen will need to align to your risk tolerance.Now coming to your question, when looking at distress homes the Cap Ex won't work because of the condition. 

Tentative schedule and group will be chosen of the first 5 qualified who answer by tonight.