It's likely your parents don't need to build their credit at this point and would not mind giving you a head start.3.

@George CalbertHi George,A bunch of us are in a similar situation - living in Korea but wanting to invest in the US.We ended up forming a meetup - if you're interested in learning about it check out my profile for the URL.We've had a bunch of BP folks visit virtually and give us tips, etc.Most of the investors in our group either:* Have Turnkey investments* Have people on the ground watching their investments* Or in my case, formed a JV with people I met through BPIt's always a risk to do business with someone overseas without meeting them.

In either case you can give him a heads up that you will not be renewing the lease as a courtesy.http://www.thelpa.com/lpa/landlord-tenant-law/ca-30-60notice.html

Is it a desirable place to visit?  

(It may be wise to go ahead and get an appraiser to value it to see how close these numbers are though. 

I just need to go ahead a drop them off but I keep thinking what if!

@Constance RiggottYou can also visit my blog to learn about he self-directed solo 401k do's and don'ts.http://www.biggerpockets.com/blogs/3441/blog_posts...

Eventually you will recognize a potential good deal on your own simply by spending time looking online and physically visiting homes in the areas you would like to invest.Another thought is determining just how much rehab you are willing to do. 

Thank you Account Closed that is valuable info and I intend on visiting the loan officer right away...On a unrelated topic I have a seller willing to do a subject to.

I am comfortable with splitting many things across the schedule E properties where they can generally apply to all of those properties - but don't have a good way to deduct things like travel expenses / mileage for visiting potential properties.