Your terms would be more appealing for an owner occupant rather than an investor. 3. 

We just don't have the exhaustive resources for commercial stuff here like we do with residential. 

For those of you who invest in properties that are more than an hour away, do you hire a property manager?

I'm always skeptical of oddly round numbers. 20,000 sounds like an estimate, rather than an actual figure.What is the potential upside?

You'll get the best financing terms for a primary residence and it will be easier to qualify for a primary residence loan than an investor loan. 

However, I do ask them to provide proof of funds or a pre-approval before I'll do those things for them.I also think clients should expect more than an auto search.

We have always pushed for >12% CoC & quickly abandoned the exhausting, mind numbing idiosyncrasies of just being residential Landlords, except for maybe 8 properties our kids still hold, for their experience.There are so many ways & niches to accumulate significant REI wealth & having the foresight to tax defer the loading/then implementing of 401(k)-solo's is an excellent beginning.

But this isn't an exhaustive list, and to me in Cincinnati, these are good signs and hold true in many up and coming neighborhoods. 

---Questions:House Hacking:1) Does the BP community feel it is imperative to only buy a deal where all of the PITI is covered or just a deal that makes your housing expense lower than an apartment and allows the deal to positively cash flow once I have moved out?

Less than an acre of land but it's on a highway in a medium sized town, close to town.