You might want to think through how long it will take to rehab (6 months is common) and where interest rates and prices will be before you jump in.

If you go to meet ups you will find plenty of OOS investors, common in expensive markets like the one we are in.

Hi BP,I'm a new investor and have been wondering how much others utilize FB/IG/Social Media for their real estate business?

Same with court fees.By the way, my lease includes a clause for "Application of Rent" that says any payments made are applied to outstanding charges in the following order:Tenant-caused billingsNSF fees, late fees, service feesUtilitiesSecurity depositUnpaid rent (oldest to newest)Let's say the tenant owes $600 in unpaid rent, $100 in utility, and $50 for the eviction notice.

Some of this is common for new construction.As far as repair, does anyone have ideas?  

@Ryan Blake A very common DIY mistake I see in LLCs is someone thinking they formed a series LLC and they didn't.

This assignment after the final judgment is common where the underlying owner of the note is a trust.....it’s just paper work juggling on their side.Just remember, you’ll have 2018 taxes that you inherit (if not more), hoa debts, etc.

I’m just getting things started and want to get into ‘buy and hold’ properties to bring in some additional cash flow.My wife and I have a decent amount of funds set aside, but I was wondering if it makes sense to open a HELOC on our primary residence and utilize some of those funds as well for a down payment.

It was stressful, there was a possibility I wasn't going to get the loan, and I had to be flexible (had to do 20% down instead of 5% in order to get the loan and I had to escrow money to do repairs after closing.With any distressed property, especially a property without utilities on I would try and buy cash or private money from now on if possible.  

This usually keeps it to where your tenant is only technically renting their room and has common area access to the rest of the house.