@Ayman Elmasik, Have you tried using any of the below#1 using your house for short term rentals (aka AirBnB type) and then relying on companies like Evolve to manage it.

So that Escrow officers can rely on you! 

Institutional investors have long understood the merits of this asset class, and relied on it to gain stability that balances market uncertainty.

I think the hardest part about this is having to rely on other people to bring this deal together, and unfortunately I just don't think people are serious anymore.

Paul,I think the confusion comes because you are stating that you will be the "money" guy and a Limited Partner in the deals which typically means you are 100% passive and are relying on your General Partner to operate the property, do asset management, secure debt, etc.

Do not rely on it for legal advice.

Isn't too risky to rely so much on appreciation?

Right now I have on the following on my radar:$3k (immediate): W/D and hookups$15k (~2 years): 2x heating conversion to natural gas and baseboard heating for 3rd floor$15k (~5 years): House sidingI've budgeted $500/month for capex and am putting it into a savings account.Down the line, once i'm under 80% LTV (5 years w/o appreciation), I'm not certain if I should consider using a HELOC for capex or try to rely on a savings account. 

Title/escrow can rely by law on your signed statement as to the 'Total amount to pay off contract in full', you should have included interest+plus other charges, not just principal. 

Hey Craig,When investing in an out-of-state market, I usually rely on my agent in that area to send me information as it comes up.