I also don't like the sardine effect where your just packed in a building, ocean lakes is tight with homes but still feels private at the house(s), golf cart community and 2 min from the ocean on a golf cart where ours are.

Being abroad adds risk to your file and terms will be effected in some way or another.  

We haven’t really felt the effects of it yet but I think that is mainly due to the timeframe it takes for them to process claims and emotions from the devastation.

Also, if you have a below market interest note, if you wanted to sell that note for any reason in the future for liquidity you would be affecting the value of that note negatively.

Zero or negative population growth is a bad sign too.

Based on your current assumptions, you would be paying $1,229 per month out of pocket, leading to negative cash flow.If you’re house hacking and living in the property, it might still make sense because you're paying for housing anyway.

Originally posted by @Arsen Atanasovski:I’m a realtor, you don’t need one for a off market deal, main point if you agree to the numbers take all your paperwork to your local title company and they will do the rest, if you want to pay someone 3% like me go right ahead in the end, title calls your agent on any missing docs so basically nothing I might get a lot of negativity on this post but your buying as an investor and realtors really most of them don’t even know what an investor is, they are a realtor for the end user and make fat commissions on primary properties. 

Looking into my crystal ball - which I still keep in my closet from my previous life on Capitol Hill - neither of these risks have a realistic path to a meaningful economic effect.

Are cold calling or broker relationships more effective?

I have heard vented units don't dry as effectively but haven't heard any complaints from my tenants and believe the technology continues to improve.