@Megan Phillips I looked at the property for a bit longer tried to get more info from the realtor who kind of made it a pain and gave up on that property partly because I’m worried that area might be a little harder to rent in.

It's a pain in the A$$ for the Australian party.

I've seen people 'celebrate' getting $8-10k cash out, forgetting the cost of the refi was a month of pain and $4k. 

thanksRob Yes, investing out of state can be a pain!

My units are in Mountain View near lots of tech companies and I was confident of my research, so I jumped.It was EXTREMELY painful during that 18 month period, and I did nothing but work: W2, renovations, kids homework, kids sports, etc. 

Sort of a pain but it worked.Currently I have enough activity (high enough unit count, and having at least one tenant cycle out  year, that deposits get withdrawn to show activity) that it isn't an issue anymore.

It sounds like the gentleman didn’t spend enough time with you to find out your pain points.

I've done wholesaling campaigns and stuff not my thing. at least not right now it's a sellers market and finding deals is a pain in the ***.

clueless newbie  investorS are a pain in the butt to work with. 

It would have helped me avoid a lot of the painful lessons I had to learn myself.I see hard money lenders as my partners.