I bought my place after the last financial meltdown, so I have plenty of equity to cash flow my house as a rental and I thought about it last year, or an equity split with a friend to get him into being a home owner; but then you have to look at Cash on Equity instead of just cash on cash returns as I have heard David Greene talk about before (just looked it up to make sure and it is in his book http://biggerpockets.com/longdistancebook).I found a facebook video of David talking about the long distance thing, which you have probably heard on the podcasts (probably won't be able to post the link to fb: https://www.facebook.com/BiggerPockets/videos/newest-biggerpockets-author-david-greene-talking-long-distance-real-estate-inves/10155417628854833/)

When shopping for lenders make sure that in the excel document that you declare your assets edit their document and specifically state that they are not allowed to run your credit without your authorization.

I'm still required to put a lot out of pocket for where I live (about $750) but this amount is comparable to renting in Oregon.

@Brock Norton, I think you may be confusing a few things here.Federal Housing Authority (FHA) loans are backed by Housing and Urban Development (HUD) to help new buyers get into a property with a very low down payment. 

Toys R Us, Office Max, Sports Authorities, etc.  

page=5Bonus for the weekend, my collection for starters (read the comments too, and then if you like the author, go check out what else they wrote): - https://www.biggerpockets.com/renewsblog/stages-of-investing/ - https://www.biggerpockets.com/renewsblog/newbies-learn-real-estate-investing/ - https://www.biggerpockets.com/renewsblog/5-ways-to-know-youre-not-ready-to-invest/ - https://www.biggerpockets.com/renewsblog/ideal-vs-desperate-investor/ - https://www.biggerpockets.com/renewsblog/how-much-to-offer-property/ - https://www.biggerpockets.com/renewsblog/hazardous-attitudes-of-investors/ - https://www.biggerpockets.com/renewsblog/2016/05/31/21-traits-scammy-real-estate-investment-guru/ - https://www.biggerpockets.com/renewsblog/youre-not-cut-out-to-be-real-estate-investor/ - https://www.biggerpockets.com/renewsblog/questions-new-investors-should-ask/If that's not enough, ping me and I'll give you a whole collection of blogs and podcasts to follow.Bonus 2: 1) Read at least one hour per day every single day.2) Remember the quote by Jim Rohn "You are the average of the five people that you spend the most time with."3) Check for toilet paper before sitting down.

Compare that with another property that is not in a flood zone.  

But you should definitely shop around and compare terms and how much you can pull out.

Typically you’d call Airbnb to complain and they will do the leg work finding you a ‘comparable’ place to stay on their dime.

Your parents can "authorize" you on the account so you can talk to the bank and make payments.