We would both put capital in. I

If your potential buyers want it to live in, I would only show it while the tenants are out of the property.

I could determine in two minutes if a home I see falls in my criteria of properties that I may be interested in. I

What type of investing are you interested in? I

I still have a few questions before diving in. I

To jump on this point, Rich has actually moved several times to the market he wanted to invest in. I

Purchase price - 15000 to 20000 depending on condition ARV - 35000 Rent - 650 Taxes - 700/year Using 3k as expenses and 5k for rehab (probably not needed if he just moves back in) I get the following numbers: 24% Cap rate, 15.8% CoC, 329/month CF

what is your experience in? I

I have heard that they are not a good idea because you are too far removed from being able to monitor the property manager and get to know the area you are investing in. I

Is that what you want to be and are interested in is residential??