As a hands on individual who lives at the outer edge of a major metropolitan area, I'm curious if investors from the "big city" who are looking for more affordable markets would find benefit in the assistance of a fellow investor native to the area (to help vet properties and/or act as a property manager).  

I'm a Tampa native.

My wife I are going to renovate and update the entire house, build a large wrap around deck with a pool and hot tub, and do extensive landscaping filled with native plants and fruit trees.

My wife I are going to renovate and update the entire house, build a large wrap around deck with a pool and hot tub, and do extensive landscaping filled with native plants and fruit trees.

My wife I are going to renovate and update the entire house, build a large wrap around deck with a pool and hot tub, and do extensive landscaping filled with native plants and fruit trees.

They’re also forced to react to your unannounced arrival--you’re standing right in front of them, and now they have to respond, whether they are comfortable or not.

I'm a NJ native finishing up grad school before moving to Miami for work this upcoming summer.

We’ve never been offered $3M so, we can’t imagine how we’d react, so we don’t judge.

My strategy is to buy and hold for long term As a DC native, It’s important for me to give back to my community by investing where I grew up, giving people an opportunity to have great, affordable living opportunities.

Or take those profits and invest in more apartments to give more tenants quality housing.I think that human nature won’t react well to one month of rent being given back to them (especially since you said $250 or more in cash flow so a $1500/month place kills half your cash flow for the year.)