Thanks for reading really appreciate any advice!

I have read the book on long distance investing and still am not too confident to get started.

The house is currently under management so I’d think they’d take care of getting top market rent but I think we all know that management companies can be hit or miss.

However, I read some bad reviews about them. 10% service fee from landlord, plus 8% from tenants.

Some gurus tell practicioners of sub-to to hide transaction from the lender by saying the lender doesn't care as long as the payments are being made.

Be careful.

@Collin Hays I completely agree with your theme of building a local banking relationship, which should help someone build their real estate portfolio, but I have a couple of questions.When I read "conforming" and "non-conforming" loans, I think of the loans being underwritten as consumer mortgages.

So far I've read one book on foreclosures, it's called Foreclosure Investing for Dummies, it's quite detailed.

Written by attorney investors, it's full of practical advice about the management of investment property, has sample forms that can be edited, and - most importantly - tells you what your primary state laws are and where you can read them.

I also don’t like renting really nicely rehabbed properties, most renters don’t take care of properties as well as we would hope.