We strive to provide safe, clean, affordable, comfortable and quiet housing for responsible renters.

I think a lot of them may lose their shirt if they are not careful....If you are comfortable investing out of state I would so you want be stagnant until the market here turns around.

Since we are just starting out, we would feel more comfortable if we had a general contractor who can walk the property with us to provide the rehab estimate before making an offer. 

Depends on where you are at in your business, what your ability to ride the wave is, and how comfortable you are with management of your account.I'll tell you whats cheaper; getting on my buyers list :)   Let me know if there's anything I can do to help

The bank may not feel comfortable investing in the area you are looking.  

He says that as long as the financials look solid, and the house is in pretty good shape, he's comfortable holding the note.  

I have a full time job that supports this....I can afford to buy another few of these over the next 5 years and hopefully fund a comfortable retirement...which really won't be because I'll be dealing with all these smaller rental houses :)The other option is to buy a portfolio of these homes from other investors - there are a ton of them out there as "package deals" where for $425,000 you can buy 6 at a time or so.

It's about arbitrage and your comfort with risk.

It is comforting to know BP is a safe haven for all questions dealing with RE.Does anyone have experience pulling permits for additions that have already been made?

There are so many ways to invest in real estate, you just have to find what you are comfortable with an stick with it.