My challenge now is the tenant who currently lives there is being evicted and am worried if tenant will be there by the closing date which is about 30 days away.

My intent is to close on, reposition and resale in 5-7 years a great value add opportunity well under cost of replacement in the area based on the following criteria:Units 70-120age range 1980-2005class B & C, workforce housingSouthern Austin MSA & Northeast San Antonio MSAI know it's a very competitive market and that there will be some challenges as we get through the current environment.

Challenges?

Challenges?

I know I’m going to need it, but I definitely look forward to the challenges ahead.

What potential challenges would exist on a broad spectrum? 

Like the others have pointed out there are other challenges with going out of state, where you can't personally be there.

Challenges?

Bill Allen did a Facebook challenge over the last several months about raising private money and that was a good resource for tips/tricks and the mindset shift that goes behind raising money.

Hello
I am new to REI and I am trying to learn how to find the best deal in the market. This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, ...