You can do it yourself many do check the costs as in any purchase so you know how it's going to impact your bottom line. and if you chose an outside service make sure of any automatic extensions and notice required to end service with them and clauses that if you accept their renter and end service with them that your forced to also give tenant notice, which has been disclosed in prior post on BP.

Your refi option is going to be a 7/1 ARM, probably at a higher rate then what you have now and you will actually have to put money into it.

When it comes to investing in real estate, there is nothing worse than having no exit strategy and being forced to babysit loser tenants in crappy rentals for years... and years waiting for some equity so I could sell.

Unfortunately, being out of state means I can't always buy at a steep discount and forced appreciation isn't really an option.

People forcing deals where they aren't is so unethical.

She is in the Air Force and has done out of state deals.

Eventually builders will build more sqft in the city, and that oversupply will send prices crashing back down to an equilibrium level (or overshoot to become cheaper than equilibrium)I haven't looked at Miami in a long time, and I don't have a sense for what the situation is right now, but I'd listen to whatever the numbers were telling me rather than force it.

According to some of my friends in the police force this was the site of a major drug bust about last year.

Because of this factor I was forced to go through hard money lenders and that situation didn't work in my favor.

But due to  some investment opportunities that have come my way, which I don't have time for,  I may be forced into the wholesaling game.