I did something similar when I started I picked 3 cities after doing tons of research visited all 3 and made a decision.When I visited I saw they were building a new monorail in CLT and decided to invest there.Another thing to consider to make your life easier is compare flights from your home base.

What a time it has been...just wanted to let everyone know im good ( for the ppl that care) lolSo in my last 12 months ive done almost 2 mil already and pipeline is steady flowing.I am happy to say I have now accepted a position as a closing agent at a NE Cleveland investment firm.Did it all as a solo agent and i just wanted to say first to everyone here thanks for your words of encouragement and advice....This real estate has changed my life in so many ways...I got my first rental and currently house hacking, my mindset is so unbelievably unmatched compared to fellow agents.Things are finally turning around ( prayer hand emoji)

So, can you tell me your type of loan, like:traditional mortgage types (FHA, VA, conventional)hard moneycommercial mortgage (like a portfolio loan or secondary market commercial)private moneyHELOC Seller financingPersonal savingsIf you did a BRRRR deal, you can list both the purchase and refinance source.And if it was a traditional mortgage, hard money, or conventional mortgage - what company did you use to originate the loan?

It's easy to understand the math when comparing APR's and return rates, I suppose it all comes down to commitment to a strategy and risk tolerance.

As a residential property, it would go for less than $200k, but since it's zoned for commercial uses, the seller is asking $600k.I'm looking up comparable properties on Loopnet and Craigslist to compare what similar land is going for in Garland.

Analyze 50 deals and network with a bunch of investors and you will learn expenses and market cap rates/comparable prices. 

Sounds like they got a traditional modification where the arrears were capitalized into the loan.

They're easy to buy, easy to finance, easy to sell if you need to, and not much more difficult to own/manage compared to a single family home. 

Hoping the next offer I submit is a more traditional offer-counteroffer situation!

@Nancy Dominick good luck in following in this 'family tradition' :)Make your grandfather proud!