Helloooooooo BP.This is the 3rd installment of my posting of a deal I recently purchased. To summarize, I couldn't get bank financing during this whole COVID thing, so I got creative and found a seller financed deal. ...

If they're in the house and you're in the garage, it might be somewhat uncomfortable for you to have to venture into the house to do laundry.

Though, I've found it the most worthwhile venture and have received better returns from it.

-Also, we've take over many properties where a DIY owner got above market rent by renting to a crappy tenant.

It is interesting when city folk venture to the mountains and then expect everything to be just like the home in their concrete city

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

Have you ventured into the world of mid term rentals in Omaha?

The people who treat this as a get-rich-quick venture are the ones that fade away and disappear here.

@Kyle GlasgowWhatever the outcome of this venture.

We like to keep a certain amount of investments outside of real estate, but are having difficulty determining what is a good complement to our real estate investing ventures.