Austin does have all the flexibility to travel that he wants to etc - but he's pretty engaged in ongoing deals which takes time. 

You would have ongoing filing requirements with the State and would need to keep business records and documentation.

These turn into ongoing maintenance expenses.Call a few property manager that are unaffiliated with the seller and discuss the property and area with them. 

Most affordable inventory will require renovation and / or ongoing maintenance (co$t in terms of money, time & effort); Almost all condos will require 20% downpayment (depending on your financials & credit, in most cases can get a way with an 80% first loan and a second mortgage = higher rate of 15%).

Working with engineers, architects, commercial GC's, subs and the City of Englewood has been an ongoing endeavor and a rewarding one as we brought new life to an up and coming area of metro Denver.

@Ali Boone is your search ongoing in this area?

Presumably, you want to establish an ongoing business relationship that lasts far beyond your initial contact and purchase.

I agree on going for it!

It cash flows but because it is recently renovated there is little to no ongoing maintenance and I know exactly what cap X category things will need done in the next 10 year.

I plan on going to talk to a few branches but any advice or insight is appreciated.