People have no choice but to move to cities where they can live and work immediately.

Furthermore, going direct to seller requires patience and people skills.

Since you can't control the sale price, you basically have a $4k cushion to your reno costs, or otherwise you lose money compared to the as-is scenario.

I know many people have done it this way,  but two major parts I am concerned about are 1) how do you handle all the paperwork such as W2's, 1099's business records, etc. without meeting in person?

Approximately 75% of our communities have a population of less than 10,000 people.

I have had experience helping improve people's listings and gaining them more bookings.I’d love to help you craft a compelling listing—completely FREE—so you can start seeing better results.

The important thing to know is that you basically have to meet all of the qualification criteria for a typical commercial real estate loan from a bank -- EXCEPT for the down payment requirement. 

Over the past year, we’ve seen values go up anywhere from 3-6%, and with more people moving in, that trend doesn’t seem to be slowing down.

Typically I recommend that people get very clear on your vision for not only what you want to do but the exact markets you want to do projects in and narrow your focus to those.

Unfortunately, people are going to lose their butts on condos unless they got them crazy cheap many years ago.