Hi Madeleine, I suggest taking a look at this informative article about OOS (Out-of-State) investing, which emphasizes the significance of establishing your core team of professionals. 

Let the seller know why you are lower than the asking price and make sure they understand.I graduated from college with a business degree that emphasized real estate.  

@Shiva BhaskarGreat point, I always emphasize to investors to fly into any area they are going to invest.

Can't emphasize enough the importance of knowing your numbers especially when it comes to this strategy.

We emphasize care of the place, reporting any kind of leaks or water entry, and indicate arbitration in leui of litigation in case of disagreement. 

I have a college degree that emphasized real establish.  

I went to college, not that it is mandatory, and Î got a business degree that emphasized real estate.  

I can't emphasize enough how Account Closed pointed out, the state is diverse, but still has many areas at least partially dependent on oil.

It's good that it's in the sidebar because people will see it on every page, but placing it there de-emphasizes it.

I've decided to start Year 2 of the Real Life of a Real Estate Investor in a separate forum thread - emphasizing the $1M in 12 months goal.Here is Year 2, Week #1:http://www.biggerpockets.com/forums/223/topics/183...