We plan to vacay and scout out the area for our own future rental property.I would think a good property management is key too, if it's a few hours away.Or at least an infrastructure to "clean"/ inspect between visits.I have seen many different contracts. some just a page, some a novel.I have seen relaxed landlording based on the honor system.I have seen strict landlording with RULES and REGULATIONS.I have been in homes, where stuff broke and they were able to fix it right away...that is my biggest issue b/c this lake is 2+ hours awayOne vacay home had a local residence to help monitor their guests (us)

There is always the "turn key" option - but you probably aren't going to hit the 2% rule on that, but it might be worth it for the ease and convenience.

Related threads already have the answers:http://www.biggerpockets.com/forums/67/topics/78889-smoker-rehab-keys-to-success-with-tobacco-smoke--before-after-picshttp://www.biggerpockets.com/forums/67/topics/63695-heavy-smoker-rehabhttp://www.biggerpockets.com/forums/67/topics/83682-what-is-required-to-get-rid-of-cigarette-smoke-odor-staining-etchttp://www.biggerpockets.com/forums/84/topics/88547-intense-odor-from-pets-grease-and-who-knows-what-else-best-way-to-remedy-situationhttp://www.biggerpockets.com/forums/84/topics/29143-smells-like-smokehttp://www.biggerpockets.com/forums/84/topics/90864-smoke-odor-in-carpethttp://www.biggerpockets.com/forums/67/topics/88945-repair-smoke-damage-soot-and-smoke-odorhttps://www.biggerpockets.com/forums/56/topics/81030-need-help--carpet-cleaning-expertshttp://www.biggerpockets.com/forums/67/topics/70662-vent-cleaning-required-on-rehabs

YOU make yourself successful by constantly learning and pushing yourself to a level that few attain.That makes you valuable to clients as many want the best in their respective field.The KEY question is do you have a full or part time job doing this on the side or is this you have to make closings or you will quit in 60 days because you can't pay the bills to survive??

That is key to have in place before you buy so you don't get hosed with nasty taxes.

ie=UTF8&condition=usedThe key when presenting Alternatives to Mainstream Investments is to know your stuff regarding wealth acccumulation - retirement planning.http://www.amazon.com/gp/offer-listing/0757001327/ref=dp_olp_used?

Brian, you must be using thos key word alerts to beat me these topics!

The key is for you to be able to convey the deed to the note buyer, if you are going to do a full sale.

A special thanks to:Josh Dorkin and Brandon Turner for the insightful and entertaining podcasts;Ali Boone for sparking my interest in Turn Key investing;Bill Gulley for sharing your wealth of experience through your many posts on mortgage notes.My day job is in Medical Sales, Major Accounts Management, but my dream job is to be a full time real estate investor like many of you.

The key here is to try to develop a relationship with said realtors. usually, after a couple calls and maybe even a face to face meeting you'll come across as being a serious investor.With that, try to find out from which ever realtor you speak with whether they pass around potential listings within the their office before these listings actually get posted on the MLS.