But “’[b]y the time someone does their investigation, their work, and their job, it will be over 30 days and this man will still be in my home,’ Andaloro said.”

I purchased my first long term long distance rental last year in a solid B neighborhood in Memphis with a tenant in place.

“These amounts will count toward the required minimum distribution for the respective tax year,” McGuff says.In addition, the elective deferral limit for 401(k), 403(b), 457(b), and Roth 401(k) plans now stands at $23,000, with a catch-up contribution of $7,500 permitted for those 50 and older.

Originally posted by @Zach B.

The company I switched to in December was on site and thought b/c of that they would rent. 

I prefer A/B any day. 

@Ferrode Joseph cashflow vs appreciation is really a function of the Property Class you target.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Another man's take would be this: If Contractors don't speak English, run like h*ll. a) they're probably not legal residents, and b) do you really want to  use a translator for every job related discussion?

Usually section 8 department does not have enough data to know exactly what kind of rent is being charge in a particular area so believe it or not landlords are sometime their best source of information for them. ...That would surprise me, to hear that HUD lacks data, when you can check the link that was just posted by Jim B.

We are looking for properties in a B or C area with a B or C rating and most importantly, the investment property should have a value-add capability.Ideally, we are looking at properties between 50 and 200 units but if close enough and a win-win, we will to take a look.Contact me if you are a serious seller or Seller Broker/Agent.