It's got to be investment property when you purchase it.But here's a twist that would work with some patience.Sell your 123 Main investment property and complete a 1031 exchange by purchasing a drop dead killer investment property at 9876 Eagle Ave St.  

Factor in the property management that I would use, it drops to 7.7% cap. 

I'm getting a box at the ups store, they accept rent checks if people want to drop off, and I can use that po box for the address for tenants to mail rent.

Hello I have a question and I want an outside opinion First let's begin with I dropped my rent check off on the first as it is requested And I receive a call next day to drop another check for water bill amount in witch I run over to the office to them ASAPThere are happy and everything is okay A week goes by and I notice the water bill has been taken out of my checking and not the rent so I call the office and ask what is going on and if everything was okay just because I want to make sure there were no issues Rental manager says hold on let me see if it's here and she finds is and says she is having issues scanning it to bank and I tell her I can take a new check to the office right away she asked for a cashiers check I said I do not have the ability to leave to the bank and get one my cars in shop getting worked on and that's the best I can do this second She's says ok an takes the new check and as I go to my account two days later rent money is still there and not been processed so I look online to my resident account login and there is a NSF fee and a late fee for rent in witch I don't know why when everything was paid on time and she did not call me when she knew it wouldn't scan and I had to call her Let me know your opinion I believe the fee is wrong and I should have not been charged 

My credit isn't bad I just have High utilization due to us starting this business so my score dropped tremendously to a 600 and my partners score is about 630.

That is a big drop in price.

Thanks for dropping by to say "Hi!"

If your parents haven't refinanced for a while, refinancing might be able a good option to drop their monthly mortgage payment thus increase their cash flow.

Just have them drop the check in your mailbox or something.

Which is also frustratign for myself finding good flips or rentals that I'm not dropping big money to land the 'deal"The market here reminds me a lot of when the foreclosures were on the rise and I was bidding with 10-20+ offers on properties in Atlanta, Ga.