So I'm definitely putting a vote onto your side of the coin, only because you could easily put in a heck of a lot of hassle to get something local and end up with minimal to no to negative returns on it once you have renters in.

That is one side of the coin and, while playing devils advocate, I would say that the foreclosure ball started rolling prior to the listing agent's involvement.

I also belive in holding large commercial properties once you have a little coin for cashflow.

T Boone Pickens went on TV and pledged a massive fortune on wind energy. . . only to abandon it when it didnt pan out.I have yet to see any vampire, even on True Blood step up, or for that matter any bazillonaire and coin Virgin Solar.You both are wise minds, to urge caution.Brother and Neighbor Matt Devincenzo, you and I both know of the brownouts here in Southern California, I would be afraid to fold the electricity into the rent check, especially if I get a granny tenant that runs the air conditioner all summer.Again gentlemen, very wise words. . .

locale=en-US and am now wondering if I should amend my leases to say "no Bitcoin or similar crypto-currency accepted."  

There is also a coin op laundry but he does not have any information on how much that brought in. 1% RULE: 3970/480000  = .82% but I think that adding in laundry and increasing the rent slightly will make up this difference quickly50% RULE: 3970 / 2 = 1985 and my mortgage payments will be approx 2100.

I'm at a Lee Arnold seminar and wanted to get more insight from a user before I make the investment in it.Seems like utilizing to its fullest extenet will cost more than the typical monthy rate to acquire the coins.

I sold one asset (gold coin) valued at $500.00 to become a mentor where you can receive commissions for promoting "pooled" real estate investing.

That's my coin on the matter.Kudos,Mary

I have had long discussions with large E and O companies before about their stats.In property management your friend might be okay in the beginning but if something goes wrong the owner and the tenant turn on the PM very quickly as the scapegoat.It sounds like to me this isn't worth the hassle of the small coin or something going wrong and souring a friendship.