the answer is and we are big wholesalers if you will .. but we close on everything before we remarket. that's the answer in a nut shell..

However, we have to combat getting a good deal vs going nuts on rentals for 85% of ARV (which is what a lot of people are doing in Houston right now). 

Wholesalers will bear more fruit in that space. 

Bottom line... some people are just nuts, but if you can improve your system... why not?

And, Out Of State Investing Is Nuts guys.

This combination of factors makes Columbus and its suburbs a compelling choice for real estate investors seeking a fruitful out-of-state investment opportunity. 

I'd love to hear the nuts and bolts of how others deal with this issue.EDIT: I don't spell gud.

I have read the entire post & replies, indeed interesting and fruitful discussion.I have to say my opinion is very like @Cody L.The most important advantage you have when you invest in real estate is the leverage (and I am investing also in different segments such as stock market for example).You almost don't have any other investment segments in which you can leverage yourself, and use this "additional money" to increase your portfolio and income.And here is a thing I learned from one of the greatest investors I once meet - The idea in real estate investment is not to invest your 100% cash.

I am a nut about balancing everything too..  

NEVER EVER bury a junction box, or worse, a simple wire-nutted connection behind a wall!!!