You need to be able to identify your market, don't blindly select some niche and bang your head trying to hammer some system  out, be flexible so you can profit in any environment. 

There will always be challenging people in our environment.

The reias are a feel good environment where the uninitiated  are often taken advantage of  by unscrupulous gurus pitching their endorsed expensive  get rich programs in investment real estate.

You must register with the state any rental built before 1978 with the Maryland Dept of the Environment for lead.

Unless you are very well funded this whole process will be pretty hard, especially if you are looking to do this on a consistent bases.In todays environment, you really need to figure out how to go directly to the owners of dears. 

I LOVE the architecture of the houses in Gainesville and the calm environment!

I respect my elders and their advice, however, make sure that the advice you decide to follow fits with your current economic environment and not your parents' or grandparents.

Looking for advice on "long distance" investments, as the "local" market around here is inclusive of about a 300 mile radius in order to find inventory and deals...Any thoughts or guidance?

(Tell your attorney to get on BP or the ALTA site and get current)Sounds like your attorney has turned your sub-2 into a contract for deed arrangement, not good, seller deeds to you, you give an all inclusive deed of trust to him as a wrap.

If we add that $2,499k into the cashflow and tax benefits we are left with a all inclusive after tax return of 17.8%.