I travel often to Puerto Rico and am following very closely the current situation.

However, being willing to travel just a few hours can really open up some opportunities.

$76,800, that's with a cap rate of 10%I will buy you lunch, this way managing my properties will not be for free anymore, of course you would have to travel about 4 hours from Marlton into PA.you just want to include PM in case you do not want to do it anymore and have to hire, then your property will not make any money for you.

Long-term, I'd like to hold traditional and vacation rentals locally, in KC and at The Lake (Missourians know there is only one 'The Lake', haha), as well as in some of my favorite travel spots.

We are in the process of setting up an LLC that will be funded by our IRA and one of the first things our attorney mentioned was the importance of not mixing anything personal with the IRA and that the biggest rule violation is travel expenses.  

Rochester currently has a $5 billion city/state/private investment project for the Mayo Destination Medical Center going on.  

Perhaps you ought to focus on an area with highly recommended low cost property managers since you travel so much.

We would also have an in-house pharmacy and the property has a rehab center that would create additional income.Negotiating quick cash buy (15-35 days) for short term inspection period in order to create motivation to act now.It's appraised value is 2MM.Looking for short term equity partner/s where there would be an agreed buyout at the end of 16-24 months with no pre-payment penalties should we buy out sooner. 12 month deferred payment.The property would be for a Behavioral Wellness Center that would cater to our clients suffering from clinical depression and would be a short term (6-12months) to long term (18-24 months stay) recovery period.Clients would be required to be medically stable and able to perform their own activity of daily living (shower, groom and feed).Staffing would include RNs, LVNs, Support staff (Techs, kitchen staff, Nursing Assistants, HR, Education, Administration, Contract Counselors, Addiction Counselors, Technical support, Groundsmen,...)Would you be interested in this deal?

When I travel around the world, I don't worry about the house, or garden or whatever.  

I thought this was a lofty goal, being that I still have to travel for about a month for work, finish up the training process for work, and save up for a down payment.