You keep control of your property and chances of multiple tenants leaving at the same time on M2M is very slim.

I found some cash flowing properties in Long Beach area which I think has a good upside in the future but the margins are pretty slim and post renovation you would be looking at 750-800k range.From what I've read, OOS is the way to go!

@Marc Middleton Thanks, yeah... slim shady business, non-refundable deposit... would you ever do that?

The reality in Texas is that you have only a slim chance to collect on a judgment and even slimmer chance to collect on someone you does not permanently reside in the USFocus on what is important now which is possession of the property.

I think I'll keep it on the radar but slim chance I will do any deals there.

Secondly, is it just me or is the real estate in Girdwood, AK slim pickings or what? 

The profit margin you'e relying on is very slim for the amount of work you want to oversee and I worry that your renovation budget could get blind sided.

With an already low credit score, the chance of being approved for another credit card is pretty slim and the hard inquiry will lower your score even more, although probably temporarily.  

The odds of them staying together are slim.

I'm not familiar with the Hawaiian STVR market but I'm concerned that your occupancy margin is too slim - if you need 50% occupancy just to break even, and only project 65%, that's not a lot of room for error.