Throw on top of that your involvement in the tenant selection process or actively engaged in rehabs by purchasing fixers that you make ready to rent.It is not necessary to manage your own properties, but it makes it easier especially when you only have 1 or 2 properties.Bottom line is it is a judgment call what level of activity constitutes "regularly involved."

That will add to the level of difficulty, but I don't think anyone has said it would be impossible.

.: specific neighborhoods and the level of repairs they'd be willing to make.

So I like, university's, county seats, level 1 trauma hospitals, prisons, stable employment bases that are diverse...

Isn't it great these colleges are doing that?

So buying a foreclosure, doing the rehab and then finding a tenant and a PM seems a wee bit off our hands cause we're so far away from our next-to-be investments.I saw Dallas as a good spot but it seems that ROI is not as good as in Tampa.I've heard a lot about Kansas City : low prices with the approx. same ROI.Tucson is hit hard and foreclosure inventory stays high, but it may seem a good spot too.We dont want to invest in Miami as we think the town is pretty much overrated and wont get back to the insane level of median price.

Although NYC is great at filling homes, it is so hard to get to that level with the amount of money you need to start with.

I think upgrading the college rental too much and raising rent wouldn't have worked as well.

I'm surprised at how many investors "accept" the status quo as the only way to do business, accepting a certain level of risk as "acceptable".

Ben D.Liability protection comes down to a person's comfort level too.