Condition of the property is also a factor, so banks wont even touch it.

Properties that simply suffer from defects, sagging roof or heated with gas wall heaters or suffer from functional issues can be changed to meet lending requirements, but only if the buyer is aware of such issues and can afford to make the repairs.New buyers consideraing SF should seriously consider getting an appraisal and making the deal subject to appraisal!

An investor I know down there suffered big losses and he came out just fine.

If you price it according to what it will bring in this market you wont have issues.

(I promise you wont see me on an info commercial at 3am selling get “rich” dvds) :)Due to my full time career my availability to show properties is limit to weekends, but I can research anything you need in the evenings.

I'm not a Real Estate investor yet.My primary motivations are: to diversify out of 100% financial instruments, to take advantage of depreciation expense on my taxes with rates due to increase, and to build wealth.I am willing to suffer lower returns to eliminate hassles.I am very suspicious of gurus and get-rich-quick schemes.I'm trying to find someone I can trust to help me find properties and someone to be my Property Manager.

How much you make or where the deal came from wont make a difference to a serious investor.

I'm going to be in Denver myself in about 2 weeks and it would be great if all the Denver newbies meet on the 25th so i wont be the only one.Sebastian

I've seen several note holders make late, sometimes very late payments, the have a heart attack, or they die, or someting happens where they can't act, the borrower will suffer. :)

I wont tell you that investing long distance is for everyone.