I'm not saying it's good or bad so there are some practical things to consider.

being a "people person" is not a genetic trait, it's a practiced talent.all businesses are people businesses because all businesses are run by people.

We did head up to the Brattleboro area and looked at a few places that had potential, but the biggest question I'm left with is the practicality of managing from afar. 

The practice in running analysis through the calculators itself is worth the upgrade.I live in North Jersey, but grew up in Brooklyn, NY. 

Can someone shed some light and practical info on this please ?

@Mike Wright we play with cash as I mentioned in that post also but I also consult with many new investors as a part of our CPA practice. 

CompsAll that said, Lenders can do what they like and there are some very widely accepted practices but that doesn't mean you can't find a lender who is an outlier.

Kinda consider it a practice run to start flipping houses in my area.

Lets keep it simple at first. find a city, and go for that one. 3) a Seller carry back is one of things that your read about in books but in practice, rarely ever happens.

I want to get a clearer idea of what travel expenses I can write off, but I don't want to get into a gray area of risky tax practices, so here's my question: If I'm in town for a week, can I treat the first three days as a work trip and the rest as personal time, and write of the airfare and business costs with confidence that I'm not muddying the waters?