That's a frustrating article.

Some things impact current cash flows, some impact future cash flows, some impact current taxes, some impact future taxes...Is this a good buy or not and should you keep it: Can you afford the cash outflows required to sustain the property?

I may know of someone that can actually help you, not frustrate you, and be sure...

Investing out of state is difficult as well unless you can get into a triple net lease or a large enough commercial residential place that can afford full time management and still cash flow (the do exist in this part of the country).Only if there was a way to sell short in real estate like you can do with stocks.

I have a stated income 100% CLTV loan for Non Owner Occupied property.Trust me, If you cannot afford to put money down, Investing in Real Estate is not for you.

The thing is I would like to buy a 4-plex or something bigger if I can afford it hopefully with an FHA loan.

Later on you can afford to take more chances but the rule still applies just on a bigger scale.

I can't afford it!

The problem i have is that this is not a big area maybe 30,000 people so the managment is slim pickens. the other problem is that the homes only bring in 350 for each unit so i think the managment company is looking for a more of a 700 amonth unit. i explained to them i'm starting out and i even asked for area which they perfer to have properties at and they still never sent me any info. this has been a learning experience and a frustrating one forsure.

If they cannot afford an attorney, they can file themselves.