It goes back to original question, as to this not being the type of property most investors would even consider.I read the article on investing in “cheaper” price point properties warranting slower progress of getting to a cash flow end goal.Thanks again, much appreciated!

One of my loan is in progress will close by March 15 but at the same time I would like to apply for the loan in an different state for another property that i would like to buy.

As an engineer, I love seeing the number and progress.

I don't usually see that progression, rather the other way around.

My drive to enhance lives through multifamily real estate contributed greatly to our progress.

However, if you keep telling yourself you'll wait for XYZ before you invest, you'll still be sitting on the sidelines in years to come not making any progress.

Any condo or path of progress potential?

All things being equal, it's definitely best to invest locally as you know the area better, can easily visit the property and neighborhood and can find contractors and vendors (and actually meet with them) much more easily as well as check on the progress of rehabs more easily as well.

Another side note, i have met a lot of people that are "investors" that have an LLC set up, but haven't done any deals yet, it just makes them feel as if they have made progress towards becoming an investor. 

Also, many items were found in discovery as job progressed, and it had many add-on's.