I just finished David Greene’s “long distance investing” book and as I was reading it, my stomach kinda churns thinking about the challenges of doing OOS.

Or even more if it needed a little work to increase rents and rehab as tenants move out.Luckily we'd have 6 months to decide before we can refinance and the market is about to start churning out some more buildings. 

#1 Tip: Assume everything is twice as hard as you think, but it's twice as rewarding once stuff starts churning 

Long-term property owners who have been hesitant to sell due to constant rising values in the past may finally start flushing a raft of inventory onto the wholesale investment-grade market, which will create more opportunity for guys like us to churn out remodels that are a bit more attractively priced for the legions of potential buyers who have felt locked out of the market by rising prices the last few years.

A lot of these companies have relied on Venture Capitalist funding and have failed to churn profits.

Personally I would pull out an amount where my mortgage would be roughly around $600-$800 which would leave me $700-$500 for Maintenance, Repairs, Vacancy, CapEx and cash flow.This method allows you to churn your money and get more bang for your buck.  

Let's say your intentions are generally buy and hold, medium to long term and you aren't refinancing every 5 minutes to churn new deals...

(and the seller pays the realtor costs but those essentially come from the buyer too) So if you factor in all the money churning, keeping a stabilized property that you already have a loan in place on makes sense.

This is exactly what I had hoped to see, at a very low level, in my local area; this is not what I had expected from the BP community.Even if the courts were running at 110% and evictions were being churned out, that would leave many units empty, and the vast majority of prospective tenants having recent evictions on their records.

My appreciated CJ, the wheels in my brain are churning ideas.