I provide a more detailed description of this under the Opportunities section.OpportunitiesIf MTRs are proven to provide superior income to LTRs, we can easily replicate success.Based on my observations of websites, MTRs appear different from LTRs.

My goal is to purchase a small multi-family property with an FHA loan that I can self-manage while retaining my day job as a software engineer.I have been causally reading books, listening to podcasts, and self-educating on personal finance and different asset classes for the last 2 years before finally deciding on real estate; but I still feel like I do not know enough to go at it alone.

Many of them will jump into property management, thinking they can retain clients and earn some easy money by collecting rent checks.

From my 6 years of living in USA, my observation, I have realized that in American norms, parents' well-being in not their kids' responsibility.

In the scenario I observed, it was the closing attorney getting title insurance where the hard money lender wanted 115% coverage which inflated the cost.

Find a day you can observe...you can ask the clerk when eviction day is....go spend 2-3 hours watching cases...you might be able to see 50. 

Recommendations include moving the patio away from the house and adding a retaining wall.Other considerations:I already have a team in place locally to manage the property and handle repairsI visit the area biannuallyThere’s another couple interested in the property and supposedly making an offer.I haven’t secured preapproval for a loan yetMy credit union only services Oregon/Washington, so I can’t use them for a loanI’m unsure about the process of buying an investment property from out of state, as a first time home buyer, especially since I don’t plan to live in the property myselfWhat I’d like to know:Does this seem like a solid investment opportunity?

If someone was observing me all the time they would say I'm working all the time.

Since the $100.00 a day began I have repaired more wood,sprinkler system, built a 3'x120' block retaining wall,replaced wood on a deck, plumbing.Just all kinds of tasks.

But I would not waste the money on that unless you need to retain them for an eviction.