Your locality may change the math for you.

We'll meet on Wednesday July 17 at 6PM at Hi-Wire's RAD/Lyman location, and on Wednesday July 24 at 9AM at The Rhu (upstairs).

Consider factors like flight convenience, property management options, and your comfort level with the local market conditions.

Hi Dirk,What I've done in new markets I've invested in is join the local facebook community group pages and post about my needs - ISO of plumber, electrician, handyman, etc.

If you're not familiar with the area, I recommend driving around and doing some in depth research online about the location of the property.

:-) I have always just done American Craftsman (Home Depot) or ThermaStar (Lowe's) depending on which store is closing to my job, but truth be told I would think I could find something at a more contractor/landlord friendly price but haven't done well in locating someone yet.

Even at 20% Federal Capital Gains would be $80,000 plus any state and local taxes, and 25% Depreciation Recapture, if any.

Better would be to create a partnership with a local company, like some kind of discount for referring every guest to them to use.

Purchase price: $385,000 Cash invested: $385,000 “The Salty Mint” is the ideal location for your beach vacation!

I’ve been attending my local Real Estate investment club meetings and trying to educate myself.So I guess what I’m really looking for are some success stories.