It's not about big houses, boats, planes, and cars, jewelry, fur coats, and trips around the world-- though I've had and done my share of all that-- it's about going to sleep at night knowing that if I don't wake up, my family has fond memories of me, that I was there for them while I could be, and that the last thing they have to worry about amid the trauma of losing a husband and father is money.

fedex and fax machines are your new best freindno they do not have to be notarized, atleast where I do business

The title company provided a fedex airbill with early am delivery.

If a property cash-flows $100/month and you have to travel a few times a year by plane to visit and ensure everything is going well, then you've eaten up your profits.This MUST be factored in EVERY long distance investment property buying decision.

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"..

I know in Texas at least you don't have to be there and you can just fax your signature on the documents that they fedex to you.

Better stay away from planes, then.

E-mail your name, contact information, and an address so I may Fed Ex you a summary ASAP.