Long-term, buy & hold is a great strategy - I've always been a firm believer that you have the upper hand with these properties in the investment field because you have the advantage of being first in an area then being able to wait for appreciation for whenever you want to sell "when the time is right".Often times, these rental properties also don't involve the full scale upgrades (less money out-right) that you would need in a traditional fix-&-flip in order to hit projected ARV's.The one draw-back here is out-sourcing your rentals to a property management company - which finding the right one for the right price can take some time to vet - or else managing the property yourself, in which case you will need to start building relationships with contractors to ensure proper repairs are being done and the needs of your tenants are being met.You can do buy & holds out of state easily, too, just find the right market that is land-lord friendly (for example, mid-west: Indiana), and I think its fair to say you could do well long-term with the right properties!

We got together when I was 18 and she was 19 and spent our money freely and never budgeted for several years until we decided we wanted to settle down, start a family and start planning for our future.I was able through persistence and luck to secure a lucrative job in the oil field around the time our first child was born.

Yes the Brew City on the 27th at Freight38 should be interesting - Rebecca has organized a "sampeling" of all the coaches who are experts in a specific field of REI they work in on a daily basis. 

Answering calls while I was in the field or at the range.  

Happy Friday, Hope others are enjoying a nice night doing taxes as well.

Then we can enjoy the free TV, and we can offer it as a selling point to tenants in the future ("x channels free HDTV included with rent").We bought our antenna used, grabbed some coax cable and a wall plate from Lowe's, and the whole project ended up costing $80 total.

*Some things you will need to qualify for conventional is a 2 year work history that is consistent - or two years of schooling and a job in that field. 

@Nathan G.This would be a supplement to an already established career in a different field.

I am now actually getting paid while gaining experience and knowledge in the field.

But obviously people love and enjoy multi-family.