We are in a long distance relationship (2 hours apart). we are BOTH 24 & live with our parents.We are tired of the travel back and forth on the weekends and we want to move in together but I want to be smart about itNow, I am the more INVESTOR driven one in the relationship.

One book I will start reading is "Long-Distance Real Estate Investing" by David Greene.

Virtual or distanced in LA would be great.  

We ended up settling on 20% down because the added money need of closing at 25% wasn't worth it given the low interest rates.I haven't come across the added fee regarding distance from your primary residence to the investment property, but I'm also close to my rentals, so maybe it just didn't apply.

And after you have done all the calculations from every angle imaginable there is still one very distance thing you can never over come and that is the price disparity.Some will argue that the comfort is not worth it while others will argue that it is and the list of pro's can con's will only expand from there as will the arguments for and against each car. 

Purchase price: $399,000 Cash invested: $20,000 Purchased a gut renovated condo in an up and coming area within commuting distance to NYC

I was interested in this deal because it was recently renovated, had off-street parking, and was walking distance to the metro, all of which make the house more marketable and attract great roommates quickly.

The air is cleaner, crime is lower, and I am still within a good commuting distance of my job downtown, for when I need to return physically to the workplace.

You can also refuse to fix certain things in a property and section 8 won't allow the tenants to live there, egress window size, handrail spindle distance, etc.

I've started to expand my search to out of the area but still within driving distance.