A plane ticket to view properties is fully tax deductible.

Now I have no idea how I'm going to go about finding the deal for this property (I live in Fredericksburg, Virginia so if anybody knows anything about this market, please by all means contact me or I may decide to move to a different location and invest there) or how I'm going to go about getting the money to make the down payment (maybe one of my BP in-laws can help me out here as well)End goal-I want to own enough equity and generate enough cash flow in my multi-family commercial real estate properties to be financially free to travel first class or by private jet, own an island or a really nice beachside modern luxury estate, a Mercedes-Maybach S 600 Pullman, a couple of luxury watches, and most importantly I want to be able to take my grandma to Canada (she has never been on a plane and has always wanted to go to Canada.

I was planing on sending my pic out during the next round.  

However, this is a high level look:Each side pays for Costs they generate during the transaction.Buyer - inspection, lawyer fee, appraisal, property survey, loan origination fees, underwriter fee, loan doc fee, points, first month's payment, title search and lender insurance, recording fees, FedEx, 12 months of home insurance, 6-12 months property tax, miscSeller - agent commissions, transfer tax, title search and owner's insurance, mortgage close out fees, recording fees, lawyer fees, FedEx, misc

Use technology to stay up-to-date on a daily basis and you need to keep the ability to jump on a plane and get there if need be.  

But keep in mind that if your are using creative ways to cover monthly fees you are in a position where holding it for 1-3 more months than you have planed and even a good deal can go bad very quick. 

Bottom line though your right Caveat Emptar.there was another fellow from SL  that I funded early on in 2004 ish I know I flew my plane over to visit with him and I just bought it.. so I know it was that year maybe 05.. and he really laid the wood to the investors I did about 3 deals with him figured out what he was doing and fired him.. he ended up in hot water but I don't think Criminal like Duecher. the other industry that is prevalent there is the door to door security business  LOL.. they love hiring the local kids there to knock doors they take them all over the country to work different markets kind of like storm chasers. 

However, the prices do not justify.You are right on my plan to live off my rents for retirement and you are also very accurate of how easy us Realtor have it, but I am planing to move to another country in the next 6 years.

Over night's it with a FEDEX to a title company.

Also our PM said that the applicants have booked their plane tickets.This whole situation is making me nervous.