Planing is truly the key to success.Thanks for the intro, and I look forward to hearing more about you, and talking real estate.

I can jump on a plane tomorrow and go for a month long holiday because I have set myself up for that, as an X generation member (I think that's we are referred to), that's what I consider retirement.

2-Find out their business ownership/management experience, nobody wants to set someone else up for failure3-IF they don't "need" the apartment, You should advertise & secure a tenant 4 them, w/1st/Last/& security, so that potential "problem" w/both future lender & appraisal is already dealt with (read=documented INSTANT Cash flow, more appealing to buyer, & Lender), preferably w/a nice LONG lease (say 2yrs w/a 1 year extention option)4-Holding a Seller Second makes this a VERY "do-able" transaction, just need to make sure borrowerA-Has great creditB-Good ReservesC-Proven Track Record in Business (4 self or others)D-Realistic Business PlanE-The Guaranteed ability 2 make the paymentsIf they have their act together, You'll know who they are...Let me know if I can be of further help, I've arranged financing on over 200 commercial transactions, & over 50 mixed use subject properties5-& Very Most Importantly....Don't be afraid to "owner finance"..

Better stay away from planes, then.

CASH/FINANCING3. local real estate attorney who can do your closings4. title company5. inspector6. contractor (if you won't be doing repairs)7. information - from local businesses, chamber of commerce, local developer who knows the area8. a realtor who can possibly hook u up with looking at other properties in the area9. plane tickets to go view 30 - 50 properties over a few days.10.

Lets say closing is in 12-24 months you can do your planing etc while under contract.

I live in Southern California so something no more than a two to three plane ride or a five hour drive.

If I am planing on parking the funds longer then say 4 to 6 months I will usually put them in into a mutual fund account.

I was planing on attending an REI meeting to learn more about the area because as of right now, I know very little.

And I'm planing to generate revenue through wholesaling properties!