I closed a business over an executive order Jerry Brown signed when he took office that forced me to pay myself a certain rate on public works projects and do certified payroll on myself.

Have a professional property manager handle your property go to IREM.org search for ARM certified property managers.

Beware of the poison pill, for example in the TAR lease in buried in it they say if you are not a texas realtor then this lease is null and void, so naturally you would won't to line out that provision. 

Not that one would naturally take those steps, but being removed from this kind of information is another downside of investing out of one's own area.  

currently looking into buying this property,it`s an apartment bldg ( fourplx)asking price 258,000 2014 numbers are as followsMaintenance - $2482 (includes 2 new fridges) Gas – $2300Hydro/Water – $4120Insurance – $2950Taxes – $4380Total Expenses - $ 16200Rental Income – $37,500Net Profit - $21250The building is heated by a natural gas boiler that is about 30 years old The windows were put in late 1980’s.The roof was done about 10 years ago.I`d like to know what is a good price to offer to owner?

Due to the nature of the sales, product development, etc of REI a RE investor can have a very small (often times zero) need for additional employees even with a large dollar volume of business.

The tax rules are really complex and always changing in investment real-estate and an accountant who owns some himself will naturally know the rules better and more intuitively know if you might have missed a deduction or expense.  

About Bigger Pockets: I am quite impressed with the humble nature of this website and the people on it, with the podcasts, with the blogs, the forums, everything.

They will furnish the house - I did offer to lease furniture for them naturally at a higher cost as I've looked into this before on another property and have had quotes done.Any quick input/responses appreciated.

Of course, that's statistics, and naturally it doesn't apply in every case.