So you need to factor travel into your acquisition model if you are buying outside NJ.Good luck, I will be acquiring another 100 to 400 unit deal in 2015 using the same approach I shared above.

I have another three more in the pipeline from the MLS at 2.1%, 2.28% and 2.35% respectively - and I don't invest in areas I'm afraid to travel in at night (though my tolerance may be higher than most).

I highly recommend you get your medical paperwork together and start applying for disability with the VA.

The reason for the bankruptcy is an important indicator of risk, were funds just mismanaged and a debtor was irresponsible for debts or did unforeseen and unavoidable matters cause the situation, such as medical bills?

I live in Philadelphia, but travel up to Scranton (friends) and Hawley (family) about twice a month!

@Steven TrangI'm traveling to the Midwest in a couple weeks to take a look at a few markets in person.

Preferably newer homes (less than 15 years old).  5)  Hire a property manager (although the homes are local) ~ so I can manage her/him managing my prop's.6)  Hold $600,000 in cash for 2 years worth of expenses (emergency fund) ~ if indeed, I somehow spent $300k per year.7)  Travel, do some hobby stuff, grill out and drink beer, and spend time with the fam.

As far as what to look for in your purchase -- location, age, sq footage, lot size, future city infrastructure development or redevelopment, potential rental rates (near hospital to rent to medical staff), are you looking for cash flow are you looking for appreciation....etc ... etc... 

Do any of these groups use the Meet-up format, record session topics for those unable to travel to meeting sites, by using YouTube, Ustream or Skype like technology?

I will be super busy with work and travel while I am living in Denver, could I hire a property manager from the beginning for even when I'm living in the duplex?