Has anyone done this and found an area that is hotter and guaranteed to sell is priced right and redone well?  

Let me know if you have any questions about the local market prior to your arrival. 

It can be complicated process to evict a tenant in CA.I'm not sure if it is easier in MO , but definitely consider it before buying the property.It TX for example (where I bought all my properties) evictions are very fast and simple (3 weeks till the writ of possession and than another ~week till constable arrives).You may also consider investing in larger multi family as passive or doing your own syndication..I've a meetup concentrating in out of state multi family.

Before we start looking at houses, I'd like to put together a team and be ready when the opportunity arrives.  

@Eddie WrightWhen trying to arrive at an offer price for multi family units adjust your offer price to a point that the monthly cash flow meets your requirements and your Cash on Cash Return on Investment, should produce returns that are equal too or better than if it were invested in the stock market.

Look forward to making connections now and once I arrive.

May help you arrive at a more accurate price.  

The Borough is going to get hotter since it's been on the social media map recently with the makeover contest and the docks coming.

Awesome, @Noel Fernandez I will let you know when I arrive in Orlando.

Meaning that even if we shoved into one of the energy efficiency programs out there that go for higher LTVs, we'd still be stuck with PMI, it wouldn't make sense, and it would have taken an appraisal fee and a bunch of hassle on her part to arrive at that conclusion.So, I told her to take the $14k @ 8%.