When investing out of state and getting a traditional loan, do I need to use a bank local to the investment property?

Metal shades instead of glass on lights?

Hey @David SienemaYou will almost definitely want the property vacant at close or shortly after.The exception would be if the reno was incredibly light and the tenants were incredibly cool and flexible.

Lately I've just been removing them UNLESS it happens to be an older house where a particular room has no actual light switch on the wall and the only way to turn on a light is through the pull cord on the fan.

That means lower cash flow than if you had the traditional 20-25% down payment. 

If you don't know how this works, then investing in more traditional markets on the mainland is likely the better way to go.

I obtained quotes for the work prior to making an offer and adjusted my offer in light of those bids.

From there I moved on to new construction in the residential sector and after a couple of years, I moved out on my own into light commercial and multifamily rehab (apartment building renovations).

From there I moved on to new construction in the residential sector and after a couple of years, I moved out on my own into light commercial and multifamily rehab (apartment building renovations).

They may bring something to light that you didn't know of, and they may jog the memory of the seller when filling the form out, but they may not.While the law in my state states:“where the seller of a home knows of facts materially affecting the value of the property which are not readily observable and are not known to the buyer, the seller is under a duty to disclose them to the buyer.”There are a ton of things that the seller forgets or "forgets" about, didn't inspect, or willfully tries to not disclose.