Originally posted by @Brian Winberry:Regarding not seeing a program worth 5 figures could be a subjective response though....I have seen one, or two out of all the ones we have showed up for out of curiosity in the real estate arena in general....In my opinion (and just my opinion), the expected value of a typical deal, the length (in terms of time) of the deal and the likelihood I'd actually complete deals after the seminar are three big factors in what's a reasonable price for education.For example, I could never justify spending $20K to learn how to make money on things that cost $50 to sell and the average transaction time period is one day.

Landlord laws was the main factor why I chose to invest out of state and have been happy with my decision to do so. 

With such low rental yields, the return on investment (ROI) and cash-on-cash (CoC) return are negative when factoring in mortgage payments only, not including any other factors.In this market, it seems almost impossible to make a profit using traditional rental property investing strategies.

The lock off doors at Banyan probably play a big factor in the pricing of those units as they offer the ability to rent the units separately. 

There are some other dynamics that also will likely play a factor in making the situation great for investors...such as runup in home prices and interest rates probably created a permanent renter class of society. 

When it comes to choosing between a turnkey property and a fixer-upper using the BRRRR strategy, it really depends on various factors, including your market conditions and where you are in your investing journey.

However, if one property is overseas, there might be additional considerations to factor in.

The city has good macro economic factors and a strong economy - I looked for cities that were at least better than the national average when it came to population growth, wage growth, median sales price growth, etc 2.

If your property is up to par you won't really have many maintenance calls except minor stuff such as plumbing clogs which is more likely to happen and requests to turn the AC up or down which you can do on your phone but other than that pretty hands off.Vacancy depends on location and your Padsplit property score the more comfortable you make your property (mini fridges, tv's, outdoor area) the lower your vacancy rate but you can expect about 10% vacancy factor in a Padsplit friendly area (centrally located, easy access to public transportation).

Yes, you do get income on the other side, but the prices have bumped up so with interest rates and less inventory to buy, the net income is much less than a few years ago.You can still do it, you just have to factor that in and expect negative cash flow while you live there and then see how good it will be when you leave in a year and do it again.