Less maintenance, but there are condo issues you need to be awareThere is a Yin and Yang with this investment and you need to find a way to be on the good side :)My encouragement to you is to ask around BP with people who have had experience with this investment (both good and bad).Ram

@Won Yang I know Indianapolis very well, however, I only know Tampa and Cape Coral-Fort Meyers at a macro level.

@Frank Yang Wish it was that simple 

@Frank Yang Thank you for the examples, that is really useful info to build my familiarity with the common ranges of terms@Casey Mericle I'll PM you!

insurance out the ying yang!

Melvin List Andrew Postell Frank Yang Paul Khazansky Thank you all for your responses.

Before you know it, you've got colleagues up the ying-yang!

In the past, I heard that Michelle Yang, mentioned on that post, does renovations for the landlord she does property management for.https://www.homesnap.com/MD/Baltimore/3620-Elmley-Avenuehttps://www.homesnap.com/MD/Baltimore/3238-Cliftmont-Avenuehttps://www.homesnap.com/MD/Baltimore/3417-Dudley-Avenue

@Steven Yang I don't know if you are interested in buying in South Jersey or not, but if you are, you can find some nice properties in that range, with not too terrible taxes.  

@Chheang Yang, The statutory requirements of 1031 force you to relinquish (close sale) of your old property before taking title to the new property.