So a few questions:How far does a structure (or concrete drive) encroach around its premises?

The days of drive-by appraisals are long gone.Can you tell more about the auction process you will be using to sell the house you mentioned above?

I am pretty leery of owning real estate outside my local area, but may try to do something small initially in the future either out of state, where I'd probably have to go with a turnkey wholesaler or Bakersfield, which I like for a few reasons (and I can drive to).Outside markets I plan to look into are Indy, Dallas, and Houston.

Since my cc debt is really not that much I can knock this out hopefully by the end of the year, for now I will do some no cost marketing well not really no cost but low cost driving for dollars in my target areas and write a few letters per week to my absentee owners list until I free up the money I am using to payoff my cc debt, we will see how this works out !!!!

From a cash flow play you have 2 units 1250 X 2 = 2,500 monthly X 12 = 30,000 gross incomeTake away 50% = 10% vacancy,30% operating and expense,10% property management.15,000 NOI per year at a 10 cap for resale is 150,000 purchase price.225,000 would be in the 7 cap range.300,000 would be in the 5 cap range.This is excluding immediate repairs needed to the property when purchasing.That would drive the price down further.For a cash flow play not that great but you can list it and see if someone wants to buy on appreciation.

Over the past 5 years I have seen industry & population growth in Columbus explode, and effectively it has raised our housing prices.I started investing in Columbus OH about 3 years ago, with an FHA loan.

You would have to meet the 2% rule and get lucky on the 50% guideline to meet your objective but it is do-able and without any appreciation The rub is that in order to sustain that level of growth on a compounding basis you need to re invest the income at the same rate and also you need reserves.

From what I saw driving by the park, all it needs is re-landscaped and repaved.

I would take that 250k and buy a business that has a good growth trajectory.

These are areas that a lot of people are moving to and experiencing a lot of growth but they are no where near following the 2% rule.