Repeat until you find a good propertyOnsite evaluation and estimation of the renovation costMaking offers and closing escrowOversee the renovationMarket the propertyScreen potential tenantsManage the property long-termInvestors are usually high income individuals who have money, but no time.

I have closed some loans for clients located in China, Spain, and Japan thus far in 2024 and they all utilized embassy or apostille notary. 

The other things you choose to pay for, inspector, termite inspection etc those are your choice...and you can just skip them and close eliminating the concern about option money.

Additionally, they decided to take a vacation at a critical juncture - the week of closing, without notice or planning - rendering them unreachable and leaving me in a difficult position.This experience has led me to question whether I need to stick with an attorney in the state where I'm purchasing property.

If you can definitively prove that the seller intended to deceive you about the square footage for their personal gain, you may be able to take legal action, but probably low chance of success considering you had ample opportunity to measure the home or get an appraisal with measurements prior to closing, and had your chance to negotiate the price based on square footage and all other factors prior to closing. 

I own one LTR and am in the process of having an ADU built on my property close to Bethel Church's new campus.

Account Closed, as Charles noted, the seller's price really comes down to their own motivations.  

You can point out that even if tenants haven't violated any terms of the contract, as a landlord, it's your responsibility to ensure the safety of the house which includes both tenants and their guestsIf PM doesn’t provide an appropriate solution then you will have no choice but to seek legal assistance.

I specifically like Detroit and own 12-doors there myself.If you can take on some negative cash flow or if you aren't looking to go max leverage on it, I'd recommend staying as close to home as possible.

School Districts: When looking for long-term rentals, having a property close to a top school district will help draw in families as tenants.5.