So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.

You probably also find a huge difference between SFR, Small multi and large multifamily.

There is a big difference between them.

The difference between a 12% return and a 16% return compounded over 20 years will make you sick to your stomach. 

People like trying different cities now and like to test if they like it.So many reasons people will probably do more of this in the future.

It might be payment notices are going to a different address and it is simply overlooked. 

I did a search on the forums and insurance seems like it could be a major problem.I have houses in two different LLC’s in Texas and insurance is not an issue at all.

It's no different than their 2-year, low interest rate teaser houses.

@Jacqueline Wright  Every auction is different so the first items to check: do they allow financing if you win the auction? 

It’s different down here.