Still, if it needs constant reno/repairs, just make sure its worth it and you've run your numbers properly.Yes, it really depends on what sort of life you want to lead, aswell as your investing strategy and goals:Just assuming that half your gross income goes to str related expenses and maintenance/renos, your yield on equity is about 6.9%. 

The price/rent/location ratios are hard to beat, and they work.Purchase: $80k-$130kRent: $1200-$1500ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.

You’re definitely starting off with a great strategy. 

Single family, condos, townhomes, multifamily, vacation rentals.I'm interested in all and am ready to find which strategy will fit me best.Thank you!

I'm a vertically integrated development firm out of Columbus OH we are looking for a higher density deal between 15 million and 25 million all in and I'm close to putting one together. we are also looking to approach land owners to contribute underperforming land to our developments which is a win win strategy I have a letter I can get you some info on.

Maybe i make it too complicated, but would like to hear your strategy on remotely managing.

However, they also engage with contractors and service providers, suggesting some level of outsourcing.In general, a Housing Authority's management structure will depend on its size, the scope of services it provides, local regulations, and the organization's strategies.

Hi Kyle,Do you have any suggestions on the best way to collect data such as: length of ownership, debt vs. no debt, owner occupied, etc.? 

Good opportunity to increase income and boost returns as seen in my data.

I don't necessarily recommend pursuing this strategy if you're already working full-time and your wife will be a full-time student.