"Go Big or Go Home" Charles heheI've done enough due diligence on them and feel comfortable with the riskI also don't muck around with diversification within an investment vehicleI prefer diversifying between industries Had dinner with a hedge fund manager ($500m under management) a few weeks agoRumor is that Overstock is a $150+ stockKeyword is "Medici Ventures"Wall Street still cant value crypto income but supposedly these guys are making bank through tZEROLet me know your thoughts and I'll throw some $$$ at them ;)Grazie Mile

I don’t look at anything outside 15 miles from my house.

Give and inch and they'll take a mile.

My wife had her hair dresser in Progresso, MX, 7 miles from our home.

I know of a large investment team here in the southeast that makes literally thousands of offers per month on HUD properties using an automated system to determine price (they wholesale).

Get 80-100 miles outside Boston (In towns with terrible highway access so it is a minimum 2 hrs to get there without traffic) you might start getting into 2BR in crappy neighborhoods.In contrast the areas I invest in PA you can get a very nice 2BR in the best part of town or a 3BR in the middle of the road areas.

We are definietely planning on using the unit personally quite a bit off of the high season of Jan-April, as we live 60 miles away.We currently have a renter in line for the $2500 per month for March and April 2013.I am prepared for the negative cash flow, with maybe the $8-10k in rent per year to offest some.

The farmhouse is 3 bdr/1 1/2 bath and sits way off the road (driveway is 2/10 mile long).

Schools are good too.The biggest problem I see is that it is 30 miles away from downtown Los Angeles.

But even if it is break even or slightly positive, do you want a property thousands of miles away where you are one vacancy or one weather incident from a very negative situation?