However, other than my primary, I've been only investing in Memphis and Detroit where I find cash flow positive deals and appreciation has been good as well.

Purchase price: $330,000 Cash invested: $1 Sale price: $820,000 This was a zero down deal.

A lot of investors (especially OOS) have very little idea what is really going on with their property - or specifically in some cases, how bad it is and what the PM has to deal with.The second issue is that a lot of new investors have unrealistic expectations of what a PM can do and what the cost of these things is.

As for Sohin Shah, not sure he's the best to deal with. 

Deal Generation: What strategies have you found most effective for generating deals and identifying promising investment opportunities?

Potentially "flipping up" once or twice between now and then, eventually retiring to the property, or selling to acquire a retirement property there.I'm an experienced, long-time licensed agent in Atlanta and have done many fix and flip deals in the Atlanta area, but really don't have any experience with STR or MTR, especially in Fl. 

Purchase price: $175,000 Cash invested: $40,000 Single family residence, 3 bed, 2 bath, 1740sqft What made you interested in investing in this type of deal?

I have a 3-unit off market deal.  2 residential units and ground floor commercial. 3,600 total sq. ft. 

As a new real estate investor this is simply too large a project for me to try and tackle, but I know this forum is full of quality investors who care about their tenants and are always looking for a deal!

I've got a deep discount on a truly passive STR.I've got a lead on a deal that can be purchased almost $100k under list price given the circumstances.