There's a GREAT podcast that talks about this:  BP Podcast 073: Investing in Rental Properties When Your Local Area is Too Expensive With Mehran Kamari: http://www.biggerpockets.com/renewsblog/2014/06/05...I will throw my 2 cents in about turnkeys (because that's what I do): You have to have a "boots on the ground" team with integrity, or you could end up with a "great deal" in a warzone.  

County Ranks As Most Profitable For Flippers- maybe use this to make a better decision on where your business should really operate....http://dc.urbanturf.com/articles/blog/83_profit_p....Long Distance Fixing and Flipping: How We Did Ithttp://www.biggerpockets.com/renewsblog/2013/02/10...

Be sure and check out the podcast because they are full of great info. http://www.biggerpockets.com/podcast

This is related to my earlier post - http://www.biggerpockets.com/forums/52/topics/1349...I'm about to get him to sign an Early Lease Break Addendum stating that we will meet in the middle and he will pay for one of the two month's he is bailing on the lease and damages to the counters which were not easy water stains but probably oil stains and I will need for sure that whole month to get the unit back in shape.

Indeed feel free to ask here in the forums.If you like, you can check this quick guide to learn how to use BiggerPockets to grow your business: http://www.biggerpockets.com/bizSee you around!

Time to build the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

http://www.biggerpockets.com/forums/67/topics/1383...Dave

For instance, I entered:How to get a Yes from Seller site:biggerpockets.cominto Google's search bar and maybe one of these is what you are looking for.http://www.biggerpockets.com/renewsblog/2014/05/21...http://www.biggerpockets.com/renewsblog/2014/06/20...I suggest you find a mentor at your local REIA whom you can offer to help and learn from.Good luck!

I would suggest starting here:http://www.biggerpockets.com/blogs/1/blog_posts/60...Then here: http://www.biggerpockets.com/real-estate-investingThen start listening to the podcasts.  

Fill in the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.