Also, in a mainstream asset class like value-added multifamily, I see no reason to take a risk on a sponsor that doesn't have full real estate cycle experience or that lost anything more than a small amount of money (and prefer no money lost).

My preference for providing value to others is by use of my brains and not my brawn...or lack there of. 

If you have nicer rentals A thru C+, you can attract good tenants and good tenants generally prefer stability.

Preferably one not from the same area as the listing agent.

I will continue to buy in CO due to the overwhelming positive factors that come with owning homes in CO; Appreciation, strong demand, location preferences, long term trends of CO housing market and strong rent increases.

Also don't confuse having lots of properties with being wealthy-a number of people may have lots of rentals, but they are mortgaged to the max (because that is how they prefer it) and therefore don't have as much money as you think they do.When looking at places, remember the type of house you buy will determine the type of tenant you get. 

Since access to Internet service varies by location within/around Fayetteville, I encourage them to check with their preferred provider.

As far as septic goes, I think it gets a bad reputation but I honestly prefer it over city sewer. 

I know that sounds simple but the question usually comes down to preference and NEED.

Therefore I'm now looking to start investing in RE in the U.S - prefer neighboring states like New York (Buffalo?)