Remember that even if you manage it yourself, you should "pay" yourself for managing it.

remember you will most likely only be able to base the loan on the purchase price (200k) due to seasoning requirements.

I remember when I first started in real estate my broker told me to focus on a specific product type to get experience and, as you eluded to, the more experience you get the more you can branch-out.

In a meeting with construction company hired to do the repair the company stated they will be demolishing any tile put on balconies as part of the work they are doing.I talked to the HOA president after the meeting and he told me he doesn't remember saying I didn't need an architectural change request for the balcony tile and it's exclusive use common property.

These are all Non-Cash Contributions and they are restricted.So remember: White Collar - Yes; Blue Collar - No!

Remember you don't have to own a property to control it.Good luckPaul

I'll admit, it does make me nervous trusting others out of state, but there is always a little nerves when making any investment...well, at least for me.We've had great success w/ our Maui property, so we are not totally inexperienced w/ out of state properties, but that property is vacation rental and long term rentals is another beast where we have no experience.I can't remember who had it in their signature here, but I remember reading "live where you want and invest where it makes sense," or something like that.

Remember you don't have to own a property to control it.Good luckPaul

archive=43&num=69874I was down there in 2011 to build a hunting lodge so I remembered this link.These deer HAVE to be given away or they will be overpopulated.

Remember, i'm very new at this.