Are you a US citizen living outside the US?

So long as the property is in the lending area of the lender and you are a citizen being out of the country isn't that big of a deal, you'd be better off doing everything before you go.

Small community banks pride themselves on being active contributors to the local community, so, if you can, look for ways to show that you are a good citizen.

For example, Citizen bank "approved" the short sale in Oct, but as they only check the file 1x a month, feedback is limited, and we don't know if anything is missing for a very long time.  

HiI've helped out of the country investors setup entire portfolios of residential properties here in the US.. in growing booming Charlotte NC to be exact.They don't even have social security numbers so even turning on utilities for fix up and prep to show to tenant prospects is a challenge.It sounds like you are a US Citizen so for you, it's a snap : )My clients start out by buying the first properties with cash.

From the citizens pockets.

I've also had good success with Citizens Community bank in Idaho.

but I am not getting to that number.I should note that I am paying all cash since I cannot qualify for a loan or mortgage (since I am not a citizen/resident).does this sound like a good return (8%)?

Citizens bank of northern ky is great as well.

Reference Crime issues: I spoke with a Richmond PD Officer while up there and he suggested I sign up for a Citizen Courtesy Patrol - you can go out in a cruiser with an Officer or set for a partial shift as they drive around.