I'm working with an investor who found a property with GREAT potential, but I'm having a hard time finding comps for an ARV.Property details:~1800 sq. ft Ranch1.07 acres4 bed, 2 bathThere are only 3 "comps" within .5 miles from property and 20 within 1 mile (sold in last 365 days).

You could spend 10+ years building a 30 property portfolio for example and lose half of the properties in one lawsuit if they're not structures appropriately.

Usually a good thing when income increases are outpacing inflation over the course of a decade and a half, typically means the local economy is doing good.

I put some down in the main floor of my house and ran out with a little 3x5 half bath to go.

You could spend 10+ years building a 30 property portfolio for example and lose half of the properties in one lawsuit if they're not structures appropriately.

You could spend 10+ years building a 30 property portfolio for example and lose half of the properties in one lawsuit if they're not structured appropriately and you run into that 300k settlement.

Property Radar is just such a robust tool.Yesterday I went and looked at a few Timber properties I was interested in  both of them a good 10 to 15 miles back into the boonies.the app comes up it tags to google earth and then one thing I am very good at is direction and finding stuff being an old land sales guy.I orient the phone and the app on the phone to north.. and in 2 minutes I found the parcels .. no address's nothing but the app and what's cool is the lot lines lay over the google earth.. what could have been and Easter egg hunt took me a matter of minutes.Now the only thing I would like to add to the app is USGS topos.. out here in our area is quite hilly or mountainous really. 

It is different in different towns but I seem to remember Cayce, for example, needing a contact person 75 miles or less from the property. 

Share your thoughts on buying rental income properties starting with about half a million dollars.      

I emailed him this new info i received and he said I should try for refinancing as a second home...but I live more than 150 miles from my place...the nerve!