My fixed costs include any potential HOA fees, Repairs and Maintenance (1% of Purchase Price), Capital Expenditures ($2000/yr), Travel ($500/year), Vacancy at 8%, and a Fixed Rate mortgage. 

My sister and I got in to real estate investing after a family member passed away and left us a sum of money.

I was thinking it'd be worth a day to travel out there and check it out.

my names Larry, im a Travel Nurse new to B.P. and to Multi Family investing.

Also I do know the area pretty well and have a good idea of the market and I travel back "home" once-twice a year.

Hello yesterday me & my sister went driving for dollars we drove the whole day & found a number of vacant houses which we feel like it was a good start but the the problem is how do we locate the owners of these properties?

@Stephen Akindona Do you think traveling there on the weekends would suffice for an opportunity?

(We've had clients who bought a place in Denver but travel the majority of the year, and they've done okay so far.) 

Finding a property manager who will suck 30% or so of your revenue versus remotely managing, using the online travel agency / listing sites along with their benefits and drawbacks, taxes, etceteraDon't just jump into a place cuz it seems hot.

Hello there, I'm looking to get my sister and I into real Estate.