That will be ther determining factor to where we eventually settle.Ill look into Ohio, a colleagues wife back in Australia is a Buckeye so could pick her brain about there as well.Take care

Since I live in California, I will be hiring a managment company to take care of it for me, while I lay back and collect those sweet, sweet rent checks ;) Any thoughts on the property or the area?

Since I live in California, I will be hiring a managment company to take care of it for me, while I lay back and collect those sweet, sweet rent checks ;) Any thoughts on the property or the area?

David, Your snow removal and lawn care cost will probably be higher as well.Thanks,MH

Be careful listening to wheeler dealers that put you into a financed corner or partnership with systems, like I've said before, figures lie and liars figure.

No one cares what you have to say.

It can be challenging enough managing rentals in your same town then add the layer of being an absentee landlord to the mix requires careful planning.  

You offer to care for their properties while they are on vacation if they will do the same thing for you.

RISK: minimal as it is backed by a deed (home being occupied by and therefore taken care of), and a promise to repurchase the investment.  

Capital is not much of an issue.