Living in the area of my rentals, self managing, being onsite frequently, able to do repairs cheaply by doing them myself or having employees do them, owning in a relatively landlord friendly area, etc.

Greetings bigger pockets, I am in the process of purchasing a hotel and casino in las vegas on the strip.

After that, I'm told that The closing must be attended in person, so I guess you'd  better sign a power of attorney over to a family member or friend you trust or,  get your frequent flyer miles up.

Also if you are looking OOS 20% down is frequently required and on the average price you're looking at 40k-80k down...

I live in North Myrtle Beach, have a large STR rental house in the Cherry Grove section of the beach, and frequent Myrtle Beach proper often for dining and shopping.  

I have a little BP ADHD :-) Specifically, we prefer to invest in northern CA since we know the area, have most of our immediate family there, already travel there semi-frequently and my sister-in-law owns her own PM company and can manage our acquisitions which gives us a competitive advantage.

I do find myself shopping quotes frequently.

They frequently use unreasonable scope of work to get a projected range for max return otherwise it's usually not a deal.

If I place a super-complainer, or someone that frequently pays late, that cuts into my very thin margins and is my problem...and I don't want folks like that.

Hi Graham - I work with a lot of investors down there and frequent the area often...I am actually in St.