Or several cruises or trips per year.  

I can plan trips a year out and it will likely coincide with an active deal that needs more guidance than my asst can provide.I would add a #6 to your list of positives - FREEDOM!

I'm an investor from the NYC area and recently took a trip out to Lehigh Valley, PA to get a feel for Allentown and Bethlehem (saved Easton for another trip). 

I know that I can write my travel, supplies, and food expenses off of my taxes while on that trip.

The majority of data is open source and we can get it by simply looking at Zillow, county websites or heaven forbid taking a trip down to the county clerk’s office and actually pulling the documents.

Probably young couples or a couple of young friends to keep their cost down for their ski trip.  

She does investor bus tours in Detroit all the time and has a lot of relationships there even though she lives in Cali.

Most deals the end buyer got 3 to 8k cash out at close so if they did 4 they would get enough to get the 8k they put down to get my loan and pocket 20k or so. that was intended for reserves well we know what happened the cash out went to jet skis or trips or what have U..

I went to Penn State and location is certianly important but as long as you are a bus ride away, you will always find students to rent to at great rates, also I found that Graduate students tend to want to live further away, which of course means lower rents, but it also means that you have cheaper prices and graduate students tend to be a bit more tidy. 

It's just branches, only $5 over here in AZ.....The fine will be more....I think you're tripping  over dollars to save pennies.....