How has the unit been for your family - are there any problems  to consider that would require frequent visits? 

HI Victoria,You can look up county records or go talk to title agents to provide a list of the most frequent buyers of properties whether live persons or corporations/entities and you can mail them, call them, etc when you have deals that hit their criteria.You can also go on listsource.com to find title searches, non owners, etc etc for your mailing lists to tie deals to the most frequent buyers in your given area to create a profit spread if you're trying to wholesale deals.REIA's are great too but thats a slow way to do it one relationship and connection at a time.

I'm actually up near GR fairly frequently, as the majority of my large extended family lives in GR/Zeeland/Holland.From what I understand, Grand Haven is a great place for investment if you can create a good funnel/pipeline.

I can check out my properties frequently (at least from the outside).

However Bill Gulley as Bill has stated its probably one of the most violated transactions in the US either the lender and borrower don't know the rules or they do and its pretty hard to enforce on small time lenders.Oregon did crack down on this, One " Private lender who I knew" who frequented the RIA meetings and was clearly in the bizz ( he had multiple millions out at anyone time) He received a Cease and Desist from the state regulating agency..

Less turn over costs, and the lease ups would be far less frequent making the higher initial cost a significantly better deal.

That would be amazing, but, again, your cash flow won't really be that high.You need to figure out how you would actually be able to finance this property, what all the expenses would be including budgeting for less frequent, but still very real expenses like vacancy, maintenance and capital expenditure and then see what the cash flow would be.Good luck.

In my current position I frequently write scopes of work, prepare cost estimates and negotiate contracts.

So you want to choose a site that updates frequently, removing "bad" sale data so you don't stand at the courthouse steps waiting for a sale that was rescheduled.

I would recommend getting involved on this site frequently, as every topic you can imagine is discussed completely.Let me know if there is anything I can do to help.