I agree with Justin's point of the property manager being the hub.

Purchase: $80k-$130kRent: $1200-$1500ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.

@Chad Lanting Kinda just in the investigating stage.

Hey @Justin Sullivan - you can check out Events and Meetups forum via this link - https://www.biggerpockets.com/forums/521

We are a full service, higher standard PM company for Intentional Investors looking to hold their investment properties long term just in the Columbus area.

I think it really helps to have a third one in the same area because when you cluster you have options just in case.

If you are buying it as an investment property, you are buying it at a much higher rate than a traditional owner-occupied loan so you must be in a primary residence now and are just planning a just-in-case scenario.At first, I thought this was a no-brainer answer as if you can do whatever you want, but those investment loans are banking on the income projected as part of the collateral for the loan so it's a good question.A seasoned lender or someone who has had to move back into one of their properties will get you the best answer.

Quote from @David Bitton: Quote from @Justin Teske: Can DL manage vacation rentals as well as traditional rentals?

FYI - I am coming from over 20 years of closing more than 15,000 wraps -- just in Texas.Most of your hypotheticals have never occurred in these over 15k transactions.If you are saying you cannot do them -- I understand but disagree.I was hoping to haev a discussion of how can we tighten up and make things more secure - vs nay sayers and negative nellies We are closing around 30 to 40 per month -- we are using trusts -- we are fixing when they need fixing. 

I would like to protect myself from that when I put my house up for rent in 2 months just in case this happens I'm not hemorrhaging money while trying to get them evicted