Thanks for listening and welcome any comments/questions for clarification, etc..

Remote real estate investing opens up many opportunities that, for millions of people, local investing would not, but as Miller says, you need to do your due diligence.I would add to Miller’s comments that perhaps even more important than the typical due diligence required before purchasing a property is finding someone to work with that you can trust.

Have any of you experience with adult employed roommates, not 18-21 year old students? I have a very interesting possibility for a 5 bed house that could work at around $600 per person plus sec. dep. & utilities f...

I appreciate you and your comment I couldn't say it more better than what you have said.

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I am sure i left out something feel free to ask as many questions i am here to learn and open to any suggestions or comments....... 

I actually don't have a vacancy problem (yet) but since this thread has a good subject, it may get experienced eyeballs reading and may comment.  

I've avoided responding to a lot of the comments, but I do want to repeat the main scenario that's one of the key criteria that would make scraping a painted popcorn ceiling in an old house a passable idea instead of covering with 1/4 in. drywall or replacing completely.In a lot of old houses in my area, the joist bays in the attic are filled with asbestos-contaminated vermiculite.The usual solution for this is to leave it in place and glue the access hatch for an attic like this shut, locking it off from the rest of the house.

Thanks in advance for your help and I am eagerly awaiting any comments that can point us in the right direction.  

As the other commenters mention, you need to understand the NOI and cap rate to determine what a fair price is for this property.