Property is going for 65k and would sell for 135-145 after rehab.I wouldn't make a killing after expense cost but enough to get started and roll it into the next one.What says the forum?

We usually had around 3 other people renting for us and sold the house a few years later as the largest sell price in that neighborhood to that date.

Thanks @Jonathan Klemm. it's just couple of blocks west of palmer square and there are standard size new constructions selling for around $1.3million.Just closed on the purchase and it's a 40 feet wide lot.

I'm wondering how folks estimate CapEx, maintenance/repairs, and turnover costs?

Also, probably I'd have to fly out to KC a few times until I buy the property to meet the team, potential properties, etc which will add to the costs (~$600-$800 each trip) of owning an OOS property.Given this market, I'd like to hear from OOS investors if they think it's still doable to pull off an purchase worth investing in.I don't want to talk myself out of it again and focus on the negatives but also, want to make a sound decision that benefits me in the long term and doesn't hurt [much] in the short term.

I own properties with section 8 tenants and am currently in the process of organizing the leases so as to sell the properties vacant next year. 

The out-of-pocket cost is simply the closing costs and lender's fees for the financing involved for your purchase.Please let me know if you have any other questions.Continued success!

I’m selling aRental I rehab to and it’s pretty nice .

We want to ensure our guests have a great experience without going overboard on costs.

However, it's common practice for the seller to cover this cost.