@Farren Perera I have a rental in NJ ($5500/yr tax on a property purchased from $55k) and one in Florida ($900/yr tax on a property purchased for $90k) and they cashflow nearly identically.Rental rates are much higher in NJ, which offset the taxes, so you have to factor in all of the numbers to se what makes sense.

On top of that, most if not all foundation companies will accept the opinion of the SE, and repair to those recommendations. 

This could be structured into the deal, as it would definitely put "skin into the game".While it really wouldn't help to sell the shop per se, as it doesn't add value to the detriment of the area and lack of foot traffic, it is a better and efficient system than the radiated heat.Any thoughts, even anything outside of what I said, is GREATLY appreciated!

@Alex Romano I help run the SE CT meetups, we'd love to have you join us! 

In terms of my location in the NE, the SE area of Florida makes the most sense - although the emerald coast was extremely tempting.

Because we want you to make the promised paper return and we want you to buy more and refer us to others.I don't see this happening when you buy a property through Roofstock.3rd party property managers are known to nickel and dime so they can survive (It's a thank less industry and the 10% from the monthly collected rent is chump change really).And the sellers off loading the product through a "sales channel" per se. 

My husband and I are fairly new to SE Houston.  

I'm a new member to BiggerPockets.  I work in the commercial real estate industry full time and listen to the BiggerPockets podcasts on my commute.  That's how I was introduced to the BP website, forum and blog commun...

http://www.trulia.com/property/3226703179-542-Henry-Ave-SE-Grand-Rapids-MI-49503#photo-8Best wishes,Keri (investor from Ypsilanti, MI, looking for flip/rehab properties)

In general it is going to be hard to find properties that meet the 2% rule...though they are out there in the cheaper condos in Temple Hills, Suitland, SE DC on the south/east side of the river.