As a Mortgagee you don't control the property, so a borrower who might over capitalize an investment may also stick to an unrealistic sale price which prolongs the sale which can eventually cause delinquency and default.  

Eventually, we would want to learn the business hands on locally when we can devote more time and money to it.Obviously we are very much beginners and are still in the early stages of research.

We list a lot of bank owned foreclosure and deal with a lot of investors so I'm search our paths will cross eventually. 

My favorite are approved short-sales that fell through with a previous buyer recently.Bug all the agents who have pending short-sales and you're bound to find a failed deal eventually and then SWOOP!

After that and once we had kids she said enough, but by that time the profits had gotten us to a beach town in SoCal, so I eventually ended up with a happy wife, just got there the hard way.

For example if I want to utilize the BRRRR strategy I will eventually need to pull out cash to reinvest.I appreciate your input and advice.

For example if I want to utilize the BRRRR strategy I will eventually need to pull out cash to reinvest.I appreciate your input and advice.

If you hold this property long term, you will have CapEx and will eventually have to replace everything at replacement cost.

I wanted to invest in Maple Ridge because the prices there are still quite reasonable, but I planned to self-manage so  I eventually made the decision to just choose a bigger 1 bedroom condo that was newer and in good condition closer to home rather than an older, 2 bedroom condo farther away for the same price.  

My friends on the ground tell me it's getting hard to find a house that hasn't already been renovated.So the only problem I see is that eventually competition between OOS and locals is going to make it impossible to make a buck, and OOS will go eat another area.