The disadvantage here though is that there is some population of buyers out there who want Thermador, not Kenmore, or bamboo not walnut, or three strips of moulding not two, or a computer system for the whole house, etc.Thoughts on this?

I know property values are less than Massachusetts however what would be the advantages and disadvantages for trying to find deals in New Hampshire .

The disadvantage of propane is the tenant has to purchase the fuel before he uses it, with electric he pays after he uses it. and can control his budget a little easier.

Disadvantage, it will be my first home that I OWN..The meat - 3 family - 2462 SF - Purchase price $300,000 (in discussion w/owner)Unit 1- 3bdrm plus art gallery - $1400/MoUnit 2 - 2bd - $1100/MoUnit 3 - 1bd - $900/MoTotal (conservative rents) = $3400/MoProperty is recently vacant, in decent shape (out-dated) nothing major needed ASAP, I would look to do minor cosmetic upgrades to be a "higher standard" rental unit at competitive market rate.2nd Property - Single Family 3,000 SF 5 bdrms - 2 kitchens (possible multi conversion) - Purchase Price $280,000 (in discussion w/owner)Quiet Dead end street in nice neighborhood, large backyard w/greenhouse-ARV - $425-$450,000Assessed $440,000..Initial walk through property needs new roof, and may have mold issue.

A licensee shall not use the licensee's expertise to the disadvantage of a person with whom the licensee deals.

Every side has its advantages and disadvantages.

The disadvantage here is that my commute to my 9-5 would probably be increased, and I'm not really liking the idea of that.

Are they any disadvantages to using offshore VAs?

Accredited investors are or should be required, few small offices can accomplish that now and the structure needs to be compliant.Where brokers or even partners get in trouble is assigning collateral to a group to secure the funds, someone will be last to recover thier money and if there are insufficient funds, they or someone will lose.As a broker, you really need to be in a position to take any investor out of a deal, you also need to be able to take out the small investors who lack experience as they yell the loudest and it makes an attorney fight harder for the one at a disadvantage.

I as well note the disadvantages of all cash but for this particular situation it made sense.Anyway, I am really excited about this deal and I know emotions should never be present in real estate investment but I can't seem to not be anxious to start.I'd like to send out a huge thank you to you guys because this is a wonderful community full of really great knowledge.