Proper physical exercise increases your chances for health, and proper mental exercise increases your chances for wealth.

@Drew McLarenBrian may do things a little differently, but when we underwrite a property, we look at economic vacancy - which takes into consideration tenants not paying, evictions, concessions (i.e. 12th month free), etc - and not just physical vacancy (which you will learn is the easiest kind with which to deal).

When you're a success, their tone will change and they'll start saying they believed in you the entire time.When Bill Gates left Harvard University to start Microsoft, I am willing to bet there were many people that told him he was crazy.

@Brittany SmithYour best bet is a local (preferably small) bank or a credit union that can do up to 80 LTV on a cash-out.

I bet those ***....sets would give me some serious cash flow."

Like everyone above, your best bet is to reach out to the bank.

If you look at the listing price of those comps I bet they were much lower.

I know you can't assume appreciation will happen every single year but these cities are pretty safe bets over the long term.

Besides not being able to physically see inside the house beforehand, are there any other big drawbacks?

I think your best bet would be to get educated first.