If you don't have someone to manage the project, don't forget to factor in your travel costs.I'm sure there are other things I'm forgetting, but you should now have an idea of how to evaluate the deal if you can figure out your numbers.

And, a nice benefit is that my buddy can write off a portion of travel expenses whenever he goes to visit family because he will be performing a business function.In general, what is a good structure to use for a deal like this?

I also will listen to that podcast - investing near NYC hubs is my interest right now as I'd be able to either live-in a property or travel to it quickly.

....you are in the off topic section, and still talk about real estate....your husband travels out of town, and he knows that a gift of the local real estate magazines from the gas station will make you happy.

Which kind of means you travel down both paths (so much for the Robert Frost’s "road less traveled" theory).Let us use the cash flow model, since that is your question.

I know of a few "traveling" notaries that I have never used before--but my question is: will a notary "notarize" my contract without the presence of the owner/seller??

When travel distance exceeds 30 miles round trip from the reviewer's place of business, a mileage charge (established by HUD Field Office) may be applied to the above charges, including toll road and other charges where applicable.D.

If you travel to many different properties to check them out, then track your mileage to deduct those expenses.

It allows me to have a central location for my investments while I travel the world.I like all your thoughts though...

I do work for an airline and so I can travel for very little and so the distance doesn't bother me.