The Bay Area seems to be too frothy (and expensive) of a market for a pair of newbies to play effectively.. though I'm certainly open to ideas and insight.

And with that philosophy I decided that paired with my daily 5:30 am readings- the daily bigger pockets podcast- and so on that respecting those in the business is the only way I want to go.

There's also the possibility, and I know many people think it's unimaginable right now, is that the developed world total debt will become so huge that the powers that be decide to wipe everyone's slate clear, and declare a single, new currency.

It's always good to diversify; being exposed to a different currency, a more stable marketplace etc - as long as you know what you are doing, you are being realistic and ready for some adventure in life:-)

Unless we move to Milwaukee like that other post where dudes made up their own currency.

Now, the property is in decent shape however, with the work we have to do on the home paired with the ‘high’ offer we put in, I’m starting to feel like it’s not worth it and I’m considering pulling out.

Another pair of clients is making their purchases in an area with good school systems because their kids will be entering school soon and private school near us, is a large budget in itself.

It’s terrific experience- you can pair up with an agent etc.

Currency risk, the chance of being sued, finding a good team (especially a good property manager), not knowing the market in terms of good areas/streets to purchase within, having to rely on others people’s opinions to a certain degree (e.g real estate agents), and the general risk of distance – if something goes seriously wrong, not being able to be there in times of need.

I decided (thankfully) to move it out of crypto currency and into my specialty, rentals.