Of course, we salespeople often recommend what we know best - and I may be no different ;) - but again, smart investors always look at the best options in the nation, and decide where the best place to put our investment dollars are... factoring in the returns, the potential for appreciation, and most importantly, the strength of the team on the ground. 

Have you shown her that buying in the right location and proper screening of tenants will reduce the chances or "tenants trashing up the place?"

Most out sourced property management companies have to make a living and often times these costs are passed to the owners with high mark ups, higher fees etc. 

Whenever I google a question, it often sends me to BP, so I figured I'd join. 

If not, then you can divide the returned security deposit equally ... or return a single payment in the names of all tenants.We rent to lots of students and often have 3-5 housemates as signatories to a lease.  

If you can get a local bank to do it often times they are much more flexible and sometimes have no prepayment penalty's.

I know this is AFTER you are already done with a client (since you work on the front end of the loan), but if you contact the loan servicer holding your note and ask them to remove mortgage insurance (knowing that values have increased), they often refer to Zillow to give you an answer. 

Hey guys,if you were to buy a out of state property that you don't plan on going to often at all.

Never ceases to amaze me how often this scenario occurs.

Pikes Peak really focuses on El Paso County, but lines can often get blurred around the borders.