Go with a location that you're comfortable with... distance from you, safety and cash flow.

Ideally they're interested in a small turn key opportunity that would allow them to operate a short term rental business while also utilizing the space personally for vacation - great idea right?!

That's not simple, because there is no basement or crawl space; the tub is installed over a cable-tension slab.One possible solution I thought of would be to take out the tub, reverse it and install it a little higher, with a slightly sloped, essentially horizontal pipe running under the tub from the drain to the existing trap, a distance of maybe 45 to 48 inches.

I am not looking for short term tenants with low salaries.Another thing to keep in mind is the tax implications of selling your rental property.

My limited exposure to treia meetings is they are one giant guru sellfest, which isn’t for me.If you’re looking long distance, feel free to hit me up, as that’s what I do.

You’re an inexperienced investor on a tight budget, looking to get your feet wet as a long distance landlord?  

That's my long-term goal, my short-term goal is to acquire 3 properties in the next 2 years, 2 single family houses, and 1 multi-family property. 

So you could start out that way and then maybe not need one.Or you could short sale it, etc.Rehab would be the last ditch effort I would ever consider.Location, condition, etc are all known before you ever buy, so it not like you HAVE to buy it or will get stuck with it.Do your DD, REAL DD, not this electronic nonsense and youll probably be okAnd on $5k, a 15% return is only $750...

I’ll PM you shortly. 

But long story short - make sure you have the cash or access to cash to fund the unexpected.