You could do some driving for dollars with your 300k see who wants out of the next roof replacement etc...a burned out older mom and pop LL would be ideal.

they like the idea that they can play their music loud and burn a fire in the fireplace without their neighbors calling the police. 

You all hear enough about SF from me, who else has been burning up the market with SF deals.......I love to hear about good commercial deals!

I thought I'd ask some of you that may have benefitted or been burned by such products.Thanks in advance!

Then Ordinance and Law coverage: this will add extra coverage limits to the Building property coverage value: the idea is lets say you have an older house that your flipping that burns down but, to replace it as it was would be in violation of the cities ordinances or zoning or codes, it provides the extra cost of modernization and legalization of your project.  

The burn rate has to be very high. 

That said, it functionally is not prudent as you are sort starting in the wrong place with a big fat elephant in the room.  

Shane that would be a big fat NO to managing.If the person is moving out of state maybe they are selling cheap and you can buy it or get it under contract and assign it to another buyer.Find another way to make money on it but not to manage it!

It lets you pick the times you're available (no late calls about a burned out light bulb).

How do we prepare ourselves enough and not get burned, since some people prey on newbie?.