One thing to think about is if the tenants will be able to acquire accounts with the oil company.

But, the timing was harder on the next one where I was out of state and negotiating my employment contract with the company that acquired the startup I'd worked at for over 5 years.

If you have any ideas of buying, modifying a note and/or selling them, or not using your own assets to acquire them you'd be in the business which will require you to go through registration or brokerage requirements.

Are you thinking of acquiring in Iowa as well or are you open to other markets?

My brother and I, both out-of-state investors, recently acquired a long-term rental property in the Boerne area (near Leon Springs).

Because you don't have the time or the knowledge or the time or patience to acquire the knowledge to actively invest. 

Others that I have acquired over the years I charge a small amount on at New Years, pay them off in full that week, and put them away to not be used again for another year. 

If you start in an affordable Sunbelt city like Birmingham or Montgomery, for example, you can acquire a turnkey rental in a B or C neighborhood for around $120,000.

We are not flipping the house are are just trying to acquire it. 

I’m certainly interested in maximizing my first home purchase by acquiring a property with ideally four units and living in one.