Value your time, 3 hours (x2) is a long time to travel for a leaky faucet.

We are going this route so that way the property will have minimal cost or even cashflow on the monthly basis, while they travel to their various residences.What loan options are available?

You do this with lower priced homes, you'll have issues, more than half falling out unless you hold their hand, educate them, monitor them and motivate them to cure what ales them.Having a CPA who got divorced and had medical bills, or any other sophisticated professional, who doesn't need a babysitter is a much better prospect.

Then whatever remains, figure if you can live off that by month and by year....including things like food, utilities, car, clothes, insurance (medical and property)...etc.Note: maintenance - So you cancel the PM and save the 10%, but you still need to stuff like cut grass, shrubs, paint, fixtures.Note: Capital - don't forget to budget for that

As my question was poorly worded.We are looking to flip a home in Dallas by traveling from NY to TX.

If you travel for eleven but stop with only one day remaining, how can you admire the moon over the capital?"

I can travel to their location and meet them, host them at my office outside of DC, and figure out ways to gain flexibility where needed. 

I'm not sure if it was due to some type of medication or what caused it.

BRRRR is what we have in mind to eventually do.We've considered a few options:*Purchase a pre-forclosure/short sale & renovate *Convert a single family into a multifamily *Buy a piece of property and construct a new multifamily Whichever path we choose to go, we would like get insight/feedback/advice from BP member's who have  traveled down this road. 

I work in Broomfield (one of those "W2 jobs") for one of the better known travel and leisure companies in the region.