I came into this business traveling a significant distance to draw down a teacher's salary.

Since most of the homes are going to be ~1k ft² and 2/1, walking distance to downtown campuses - you may also find the rental rates to be less than stellar.

Right now I have about an hour commute in the morning and sometimes more in the PM.

I think since the location is in a great residential neighborhood and next to a commuter train, we should have the vacant units fixed and leased in 4 months.

I understand turnkey is a marketing term, that's what I changed my companies name to distance myself from it, but I am talking about genuine turnkeys like you guys, not those who use the phrase but don't provide a turnkey product.

@Martin NealWhat would your your mortgage lender say if you are late they wouldn't put up with that so why are you second I would get a property manager ASAP I would distance myself from your tenants as quickly as possible in a reliable and dependable people you'll get that with a property manager with better screening and vetting

But doing a first deal long distance, unless it's turn-key, is difficult from what I've heard without a trusted team in place. 

I happen to have a pretty good system in place in Montreal which I have not used yet due to issues of long distance investing.

Id also recommend looking slightly NW in Irving Park, Portage Park, and Avondale areas if you are OK with the distance from city.

Hello All, 
For a long time now (probably 4 years) I have thought, analyzed, questioned, listened to all BP Podcasts, etc. in hopes to make the jump. I am in an expensive market (Sacramento area) and I am from Goliad...