Biggest opportunity here is the depth of the lot and multifamily zoning so we can build additional on the lot.

I'm currently replacing them with a new PM.The biggest thing I've learned is that I need to act like the PM's supervisor.

Don't settle, you are making the biggest financial investment, and you should have confidence that they will always have your back.

Here are a few things to consider:1) The biggest consideration should go to your biggest expense: TAXES!

The biggest pro is that it will give you equity in the deal to allow you to conserve cash at closing. 

To me the biggest question is whether this will cash flow or not with 3rd party property management in place.

My gut is telling me that my biggest challenge initially will be gaining the skills required to have confidence in my deal analysis, but this is ultimately an auxiliary strategy that would compound my savings toward my ultimate goal. 

@Brandon Kowalski one of the biggest misconceptions out there is that out of state is easier somehow.

I own properties from the early 1900s, 1940s, 1960s, and early 2000s--and frankly, the older properties are often my favorites, and are often my best performers.One of the biggest misconceptions by inexperienced RE investors is that new houses are inherently "better" and less costly/less headache to maintain than older houses.

That’s probably the biggest reason why I’ve avoided it.Do you know what my definition of a license is?