It is a niche community where the HOAs have regulations like, each house must have a hanger on their property for a plane.

Unless you need to get on a plane or drive for several hours, you are in your area, plus you grew up there and have a good understanding of the market, the only time it might be a pain would be when trying to rent out the unit (s) as you might make several trips out there for showings.

Most flight schools where you learn on a plane run around $10-$25k.

If you have money saved up in these accounts and want to use it to take a trip to Cancun, that's fine but don't buy the plane tickets from these accounts.

I am planing to put management company to manage my house, but it feels like they can charge any amount of money and i am in their hands.

I'll probably end up doing more work in the bath than originally planed.

I'd call Macy's, (I'm sure you'll have to work your way up the line) and get someone with some stroke to write a LETTER, and FEDEX it to your bank.

Dwayne we aren't talking about flying a plane, investing in real estate is much simpler.

You would need to hold the property for some period, probably a year plus.If you're planing to just turn around and sell this quickly, its either short term capital gains or ordinary income.

Faxes and Fedex.