Hey BP! Just put a deposit down on buy and hold number 9. Super excited because its my 3rd purchase of the year. My 1st 2 were out of state and this one is about 3 hours from where I live. Just can't find any deals in...

The cost savings generally are moving to cheaper warehouse space per sq ft, moving business into their basement if possible to save money, initiating a work commute program for employees so they can cut down on cubicle space and go to landlord to reduce building footprint size they lease up. 

I think $360-$400 is a typo, since taxes alone are $1,083.33.I don't think anyone here is going to be able to contribute much of value without on-the-ground knowledge of your neighborhood and it's trajectory; the likelihood that your big expenses (like taxes) might increase rapidly in the future; what it's going to cost to repair the building;  whether there is opportunity to quickly increase rents and/or decrease expenses; and whether the train tracks are an asset (commuter station) or a liability (constant noise and vibrations).Based on what you have shared, $450/mo cash flow on $100k invested (25% of $350k plus modest repairs) is 5.4%. 

Purchase price: $37,500 Cash invested: $35,000 3 bed, 1 bath craftsman home located walking distance to down town and university (10-15 min walk) What made you interested in investing in this type of deal?

We have been reading books like; Brandon Turner's The Book on Rental Property Investing, David Greene's Long Distance Real Estate Investing, and John Schaub's Building Wealth One House At A Time.

So, that one month security does not help much, considering possible damage to the house by irresponsible people who know they can't get their deposit back.I have been good to them, reducing rent every time they asked me to do things I couldn't do or would rather not deal with over long distance, such as the windows are not totally tight, my pet fee is too high even though they had agreed to that in the lease.

It was a my first entry to this space and quite uneasy into the deal.My main concerns are those empty lots and long distance to manage.

Hello All,I'm looking to be a new long-distance investor within the next month, and my first deal is going to be entirely no money down without a mortgage.

I want him to "house hack" a quad in an area with low entry and BRRRR from there.Suggestions or experiences getting started in long distance investing with low entry points (under 20k) and enough cashflow to offset mortgage are all appreciated!

He is great at articulating his system for long distance investing.