Here’s a breakdown of the main ways investors fund their first deal while minimizing their own cash outlay:1.Private Money & Hard Money Loans– These lenders focus more on the deal than on your personal finances.

Quote from @Daniel Windingstad: Quote from @Obed Calixte: Some people have the personality, processes and systems & time to self manage, some do not.

So it's just personal preference and budget for a host.

This is basically a math problem that will depend on both you personal finances & also how much of this is an investment vs you want a nice house to live in4.

Id have a lawyer on hand, this person seems like they will escalate issues once you notify them you aren't renewing their lease.  

@Sonya Sharova I haven't personally done Frank Rolfes boot camp but I have heard it's great.

I am personally buying a lot in Casa Grande, Arizona.

What I was getting at is that even investing "out of state", let alone out of the country, is more difficult when you don't have any personal connections and even more difficult with your first property.

Personally, I think this company is probaby about to go out of business - they have lots of inventory, and it's not exactly prudent to be investing in FL in the coastal areas now anyway.  

Thanks, Jim Rice in person or online?