I hope you find a solid GC to move forward with this project but I will say that will be critical to pulling this off. 

The one I like though is and I think you and I agree on this.. but buying at or close to the median price point of a given MSA to me is a critical for out of area.. just gives you a leg up on quality assets and generally speaking a mixture of owner occ and rentals in the area instead of 100% rentals or high % rentals.. and of course buying 50% under the Median is inviting high risk for out of state folks..  

That "putting money away" (at least 20% of your income) is a critical part of becoming financially secure.

A good legal and financial team will be critical in helping you accomplish this.Cheers!

A critical item is title insurance, which may be difficult to get after a tax foreclosure. 

It goes into depth at explaining how ARMs work and how each borrower must be educated on them to ensure they know what they are getting into.Here is a link to the CHARM BookletIf the lender you are speaking with isn't disclosing this to you, I'd read the booklet and drill them on these very critical points of the loan and probably ask yourself if this is the lender you should go with...Cheers!

I'm not sure what information from the comps is critical and what's superficial.

It's better to have a PM in place and ready for you to grow into needing one than to decide at a critical moment you've got more operational headaches than you can handle on your own.Having potentially a $180k cash position puts you in a very good place to start straight into a fourplex+ for doors. 

View report*This link comes directly from our calculators, based on information input by the member who posted.This is rehab triplex (each unit 3b1b) in North Central PhillyAppreciate critic of the report.

These conditions are critical to protect you from having your property cited under the nuisance ordinance or worst.