Their health isn't important, they don't go out and make memories and they have next to zero relationships.

everyone wants those deals, and so you're competing remotely / from your computer against experienced investors in person in any market you'd pick. 

Id need to read up on this last part to confirm, but that's what im drawing from memory at the moment.

Make sure you choose a realtor who is used to travelling into your target community and not just engaging properties from behind a phone/computer screen.

You should run the computational both ways and think about its purpose according to the schedule for the further.

My recollection is (and insurance experts on BP can correct me if my memory is wrong), but most insurers will only pay "replacement cost"  policy limits, if you actually replace the damaged property.

Then I sit down with a spreadsheet and analyze all parcels for an area and generate a list of target properties right from my computer.  

What makes 100% total sense to tenant does not always compute with what you need to be successful as an owner....and #1 in that field is collecting rent.

This can be conventional or DSCRB) Conventional cashout refi - will need at least 6 months on title if no mortgage on the property (I think - going off of memory), 12 months seasoning if there is any kind of mortgage/lien/loan with the property; will be based on improved LTVC) DSCR cashout refi after six months of seasoning (most cases), and this will include any improved value of the property in the LTVMost cashout refi's will be limited to 80% LTV.

Email your friend the picture of the grilled lobster and tell him you want that memory and snorkeling.