Hey Luke If you're open to out-of-state investing and looking for an inexpensive market that produces strong cash flow, I recommend checking out Cleveland, OH. 

This isn't just about keeping things organized; it's your safety net if things escalate legally.Legal Grounds Check: It's wise to touch base with a legal expert familiar with your local landlord-tenant laws.

By the time you go through the list and check out the properties yourself to narrow that list that leaves VERY little time to get title searches complete.

Hi forum, I'm sure this topic comes up regularly, but...We have purchased a vacation rental in Coastal Connecticut, Beach community. 

How do you let the applicant know that despite paying for the credit and background check them may not be choosen without making it seem like it is a personal thing?

I'm not familiar with that specific term, but if you are looking for information on foreclosures, check out something like dealmachine.

Conventional tends to be better in rates, but it's good to check as this is not always the case depending on your qualifications.

Maybe the five of you all agree to cut a check for your 20% share.  

Last I checked it did not have any, but worth a look now.  

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!