The weather is great there, its cheap and ecology is clean.  

Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000

There is a book in the library called "Low (and no) Money Down" that discusses the various methods of financing purchases.

So if you are buying a property the traditional way, using an agent, you won't usually get answers when it comes to the condition.

Real estate laws are local to the state where the property is located.

If you refinance completely your monthly payment will go up probably significantly.

This will give you a base for what you need to put in to get the best value out of your properties when you are checking ARV and getting the sales price you want along with selling quickly. 

If I remember right and it is the same person he lived either in NC or SC and was moving to Spain for a year or something like that.   

I read it in April/May of '23 after the tax season and I swear if I ever meet Tom I am going to give him a big ole Kiss!!!! 

It's always best to start local and then gain experience as you go through the motions as a new landlord.