I would suggest staying along the train lines and also looking for rental friendly areas.

Although I plan to invest my own money in the long term, for now, I’m aiming to work as an investor-friendly agent.I’d love to connect with other investor-friendly agents or brokerages in Central Virginia.

Today, these folks are my core network and absolute best friends.

Those cost in terms of lost rent, but also cleaning out the stuff that was left behind.If your place is managed by a PM, expect a 1 month vacancy (only once I have had no vacancy with my PM manage places, and once I had 2 months as they messed up and held it for a person-friend of the owner-who didn't put down a deposit and then they dropped the ball). 

I've looked heavily at Bakersfield myself, and have some friends there.

A friend recently asked me to compare two Houston zip codes, 77008 and 77063, from an investment perspective.Now, I'm a big fan of Texas, but the first thing I said to him was that the weather is HORRENDOUS.

You can get money from family and friends, you can get the seller to provide financing, often called "Seller Financing" or a "Seller Carry" or you can get a lender to lend you close to all of the money needed (I see loans at and above 90% of purchase cost + 100% of improvements). 

I had a project bite me in the butt because I wasn't more diligent in "checking in" on the contractor.If you need any help or additional advice, feel free to reach out I have helped a lot of my investor friends purchase properties in other counties in California.

A friend of a friend lives in a development just like this in Ann Arbor, Michigan. 

Therefore, you may struggle to cover expenses from rental income until the current lease expires and you sign a new rental agreement.Selling rental properties in high-tax states in exchange for a similar property in a more landlord-friendly state is a common practice for rental property investors.7.