I would like to know if anyone has experience with this and what steps would you take from start to finish.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

But if you insist on LTR, I recommend considering areas like Marietta, Decatur, or Acworth which have a pretty high LTR rental demand right now. 

Investing is highly individualistic.

Some go for $700k plus and are designed as high end student rentals and others, in Bryan,  sell for $200k but need a lot of work.

Is Aldea Zama finished?

I'm curious about the high cable expense and $2,400 in utilities. 

I get a lot of questions from the CA & Socal folks about how life in the fast lane in Arizona is doing and if it makes sense to invest Out of State for them.I still invest a lot in Phoenix and I'm very comfortable...

@Jason CroweHi Jason,If you have a high enough cash value in a permanent life insurance policy (either a policy on yourself or one you own on someone you have an insurable interest in like a child or spouse) then you absolutely can leverage it to finance a real estate deal.

Prices are high which makes it a tough market to enter but if you have the funding and find a solid deal, I don’t see why you’d pass it up!