Agreed, I have been researching I35 North Corridor and finding opportunities in the smaller towns that are big enough to invest in.

It was initially his idea to invest out of state, but looking at the current market potential of Fresno and California in general (new laws restricting investors to put offers until 30+ on market, etc) I agree with him that it doesn't make much sense to invest in local real estate. 

Then you can both agree on compensation for their time and involvement.   

@Jordan Hanks I agree that if you can self-manage you will make the best return.

I agree with all!

., while I clearly don't know your investment thesis, and I agree that nearly $34k/door, even for a fully classic unit is A LOT of money, I would argue that 2-3 month rent is generally not realistic in many markets, nor is that how I assess rehabs.Personally, I look at potential rent increase, i.e. can I get $400/mo in additional rent by renovating this unit

After selling the property, paying the taxes, foreign investors can bring their money back to their home country without any additional U.S. tax implications.

However, Tampa+Orlando are projected to lead the state in appreciation over the next decade so that's why I personally chose to put all my focus and even moved across country to invest in the Tampa Bay market. 

Hello everyone,I am the owner of a rental property and currently out of the country.

And I agree with the others ^^^ that you are somewhat obligated to talk to the police.