My mortgage is a 2550SQ FT 15 year 2.75% rate with a payment of $1788 a month and just over $1000 a month going toward priceable balance with 12 years left of a balance of $185K.

When the buyer decides to sell, you will reap in the remaining balance all at once which will possibly give you enough to get into another flip if that's what your investment vehicle is.

Although the market is very hot and competitive right now (which can make things more difficult for new investors) Utah is still a great place to invest because we'll continue to see appreciation with all the growth in new businesses. 

But not sure how often I will be around for to live in my property, as my job requires difficult hours. 

That is a tricky part of JV...also expectations of quality finishes can be difficult to iron out.

One, finding a property manager can be very difficult depending on the town. 

The funds will be deducted from what you pay and the closing attorney will  cut the checks to all vendors/lean holders/ ect. with the balance going to seller

What I'm interested in doing, for several reasons (most importantly the difficultly of my home market) is so-called virtual wholesaling -- wholesaling outside of my area.

I hope I never have to do that but just curious as to how difficult is it.

Longview is 40 minutes north of Portland, OR ,and values here are rising quickly due to Portland's crazy real estate bubble....Here are the logistics:Original purchase price: $135,000Outstanding balance: $131,000Estimated current value: $200,000Mortgage payment: $950Current Estimated income from renting both units: $1700Property management cut: 8%If I sell the unit, I would try to reinvest the earnings into another duplex property in Dallas, TXI'm looking for some advice....