It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

What they can’t provide, obviously, is a local point of contact and services like wires, checking accounts and whatnot. 

It's amazing how complicated financing can get with seasoning rules and what not.

The current market there is way too crazy right now in my opinion so I am staying away and trying the smaller cities.I have done a pretty good amount of research thus far regarding crime and what not but still a lot to learn.  

He is familiar with the area but we lack the connections with experience investing professionals (re agent, pm, and attorney).Looking forward to hearing the great success stories and primarily the what not to do's in investing.

However, I wanted to know what really matters to bring up and what not.

My ultimate goal is to retire in three years, and my freedom number is 20k NOI a month but making 15k due to vacancies and what not.

owner managed the big issues are handshake leases and whatnot....   

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

We have a couple bids on the drawings and what-not, just wanted to make sure we are in the right ball park as far as costs go.