The rest you can handle from an hour away.Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.

I happened upon your post here and am looking to potentially buy a VA assumable home in Hawaii.

Different coaches specialize in different things, we specialize in accredited investors buying off market properties, with little down, for instance.

Any experienced advice would help and be greatly appreciated.Easiest way to avoid this is to rip off the bandaid and do it right with the large capex items.Detroit homes are pretty simplistic, especially if you're buying a bungalow.

My oldest child is going to college next year in a town where I could buy a house for $160k.

Based on what I've seen, there's a very good chance they will not obey the law, pay taxes, be a good neighbor, etc.

Sadly, the best I can usually do is a 30-year amortization with a few years of interest only.I'm happy to buy those assets as long as I end up with positive cashflow after the I/O period ends. 

@MattOwens My partner and I have been buying multifamily in Grand Rapids since 2009 and continue to invest.

I know several big named investors and even after 50-60 doors, they still house-hack nice 2-4 units when they get a chance. 

(i) In 1998 Taxpayer B buys a property that includes a house, a barn, and 2 acres.