You meet with those  professionals so that you are aware of the strategy of the type of entity you want to be  for tax reasons as well as other issues.  

If you put $15k in (down payment and closing costs) that would give you a CoC return of around 8% based strictly on cashflow.Everybody's criteria is different.  

And so nice to meet so many great people in the area who are doing the same thing.

Net worth realty is who I know that's investor friendly they sponsor the sd reia meeting.

This is a great place to educate yourself and meet good people that are also investing in real estate.

The local REIA groups around me meet on the day I have my class so as soon as that is over I will be attending the monthly meetings trying to soak up every possible tip I can get my hands on.

I would love to meet up and learn a few things. 

I hope to start expanding to include multi family units in the new year and would be delighted to hear of any advice, meet potential investment partners and share stories with others with the same interest. 

So for those you've interviewed, what's the hang up.. not meeting your criteria or they decide afterwards they don't want to submit an application after viewing.

i gather it's still riskier to buy out of state compared to in your own backyard.  3.) not really a con - but weighing against buying in AL would be that we still have 9 or so months before the move... we could still look and purchase here in our backyard as opposed to waiting...though the deals we see here don't meet the 1% rule, while meeting the 50% rule.