Personally, I wouldn't open up a home that isn't in good repair, from a liability standpoint if nothing else.

Having trusted boots on the ground makes all the difference when you can’t be there in person.

As a beginner, I would personally get my feet wet with something a little less risky without a balloon payment like that.

.- Navigating tricky landlord-tenant relationships when you live on the same property.While some people thrive in this environment, others find it difficult to balance personal space with their role as a landlord.### 3.

For comparison, a Navy Federal FCU personal loan will be in the 15s%

I have never seen the homes in person, but got a good walk through from my realtor.

I'm also in a 5 person group within gobundance called a 'gopod' and we meet weekly.

-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

That is just what I am seeing personally, and I work with investors all over the country. 

Real-life reps, to me, means seeing properties in person, whatever your asset class.