@Sylvia HannaWhile I'm sure there are people who have done this type of investing, not being able to see the property prior to purchase or drop in occasionally during the rehab could have very disastrous consequences to your flip.

Hello everyone,I registered for the site who knows how long ago, but only as an occasional browser.

I work in a way that helps a Seller sale their home, place an End buyer in a home of their own, and creates a profit for my business, as well as creating a very good ROI’s for Investor Clients.I welcome any, and all advise, help, partnerships, an occasional kick in the pants, to help me achieve my goal of financial freedom from the experts here at BP.

Got bit by the Internet bug beforecompanies were even allowed to sell on the internet (at one time, there was no commercial activity allowed on the internet at all - they literally had to pass some vote before it was).Started as a web developer and then moved on to Business Analyst with some occasional PM stuff.

Like you, I have some I interact with very occasionally (like when I send them their rent increase letter!). 

We have a beautiful (and really quite ridiculous) house, two nice older cars, we eat out occasionally, just took a vacation to Costa Rica, etc.

Sites like realtor.com, Zillow and Truila also receive data from the MLS's but in my experience there can be time lags and occasionally flat out incorrect information.

Indeed, it is dangerous because it may blur your vision of the facts that are truly important.

Then rent it out for market rates.Chances are that if you can absorb the cost of the occasional repair like a water heater through your regular income, in 15 years you're going to have a nice net worth gain over what you would have done if you didn't jump into real estate.If it was much more dangerous than that, everyone would be losing their houses.Opinions?

Not saying I don't have the occasional day when I do dream of quitting it but for the most part I get to earn a steady paycheck while ploughing money into my investments (property and otherwise).