There was some termite damage on the fascia as well.

Where I invested in Georgia everyone gets termite bonds(added cost) water heaters cost almost the same as they do here in California, rent growth is very slow (in the last 10 years here my rents have more than doubled), "qualified professionals" are harder to find.As others have stated I would definitely have a hefty reserve and be prepared to travel there periodically to put your eyes on things.

Sometimes that comes with foundation repairs, but it is a biggie for me when there is termite damage. 

I've grown tired of tenants, termites, toilets, vacancies, maintenance, etc.I prefer to just own the note and all the above is the responsibility of the borrower.My attorney called me today. 

The told me that the house as termites.

Someone also mentioned there's way to do this.Also Roshan, so in every MLS listing, usually there's termite documents and property inspection report.

The house should only be a tear down (termites which have destroyed the garage and interior of the home, no central air/heat throughout although it's listed as such, broken showers and dish washer, swimming pool with cracks in it, a leaky roof, etc..). 

Although, thinking a little longer term, it would be interesting to see if you can build in a small equity stake in addition to your fee so that you continue to receive benefits for your initial efforts on the front end.

I did a pest inspection today and found active termites on the corner of this wall.

I feel ill have just too much debt and not enough extra cash flow even though long term it would be a good return.Welcome any help/investing tips.