I will be managing and will be paying a real estate agent friend to show the properties for me.

Just google the following: - special assessment - zombie condos - Florida condos (look for recent news)Since you are not living near the properties anyways, why not look in a landlord friendly state where the purchase prices are lower?

When evaluating a potential real estate investment, both the Debt Service Coverage Ratio (DSCR) and the 50% Rule can be helpful tools.

Great tenant that always pays on time - been there for 5 years Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I'm a new real estate investor and I recently picked up Brandon's book "Rental Property Investing"..

For those that qualify for conventional financing its another negotiation tool, for those that do not its a way to get into real estate but many do not understand what it is they are signing up for.Regarding it being good for an owner, again it goes back to the borrower, if I have a borrower with 800 credit and I control cashflow its far different than someone with 540 credit.

Given the related-party rules and tax complexities, consulting a 1031 exchange expert, real estate CPA and attorney is strongly recommended.This post does not create a CPA-Client relationship.

Multiplied by 3-5 bedrooms and that gets real expensive. 

I'm working with a real estate attorney to help me with transferring the deed.

OTM = General, overhead/widescreen view of nationwide market tends.BPRE = Detailed ways specific people are making money in real estate.