Davids been around that investment out of state block.

Hey @Ben Roberts, when i used to Wholesale in NZ we had separate documents for nominating the mew purchased / assign the contract to the Assignee. that's why some contract have And or Assignee. having a deal you want to assign on the MLS sounds like potential pain.

Any mid-block lot has to have 30% open area in total.

I used Alpha Mortgage for my rental in Wilmington and my experience with them was a pain in the ___ and I got an OK rate but nothing special. 

Popcorn is a pain to try to match.

But as you stated if the GC disappears, foreclosing is a pain in the butt.

So I just bought my second house a month ago on a block where all the houses were built on TV and given away, top of the line lights, faucets appliances etc. 2 doors down a house sits vacant as the winner lives out of state.

Joe,You state that it seems most of the posters here seem to have properties in the 50 - 150k range and that there is a difference because you are talking about houses in the 300k range. the answer to that is yes and no, houses in the 50 to 150k range may rent for $800 to $1200/ month ( so a PM commission at 10% would be 80 - $120) where as the 300k property may rent for $1200 - $1800 and the PM would get 120 - $180 / month. so the 300k property would bring in more money to you then the properties that are bought at the 50 - 150k range. so that spread in income should cover the PM'S costs no matter what price range you buy at and still leave a considerable profit after ( more with the $300k+ houses). you also have to deal with different "class" of people at the different price ranges. and as explained in an earlier post sometimes the people with more means can be the biggest pain. but no matter what price range you buy a house and rent it at, there is a lot of work that goes into managing that property, one that i gladly pay my PM for.

Is the property on a main commercial corridor or are there any other unique things about it that would make it more attractive than a duplex/triplex a block away?

FYI -There is a block of 4-plexes in White Settlement area that have serious issues with the city.