Say you have a toilet problem or a simple fix. you would have to drive 4 hours total to maybe fix a 15 minute job.

At the time I thought I might be potentially making the financial mistake of my life and I did not know anyone local to validate what I was doing.While the cash flow was nice and I had proof of concept I found that a duplex required more management attention than I could handle with an international job and gone most of the time.

If your house hacking it's a no brainer but I personal think self managing is giving yourself a job..

First, the home looks magnificent - congrats on a very nice job on the rehab!

Ultimately for me buy and hold; he gains patina in the process and makes seed money for his next adventure.

I want more control over the success of my investments.It’s really hard to grow your business if you are using money from your day job to support your rentals.

I make a decent living off of my regular job but like I said have to back up for the rainey day.

It was my understanding that I can count the rental income as "LLC income" if you will, and file separate from my W2 job, thus avoiding moving up to the next tax bracket.

If you lived local and wanted a part time job sure, but not as out of state investor. 

My bank has said that I can use that appreciation increase as my down payment to give them a LTV of 80% or under.So he's making $2,000/month and increasing, plus paying principal off (would be about $200,000 of principal pay off over 4-5 years), keeping the depreciation and other tax benefits and having downside protection if I were to screw up and not be able to get the job done.