My only advice for out of state is to find a kickass property manger who will also oversee your renovations (and does this regular for other investors) really that’s the golden ticket to getting out of state investing to work.

I come here from the BP podcast- I am currently living in Asheville NC but moved here from Minneapolis MN after playing for the University of Minnesota Golden Gopher Baseball team and graduating with a business degree.

I'm not trying to go crazy on returns but at the same time I always try to go by the golden rule of 'don't lose money'.

Your 10 golden tickets explained: Each tax-paying American citizen can qualify for up to 10 Fannie Mae loans.

Here is the breakdown of the quote:Remove all trash: $172.50Paint all walls trim and doors: $1,380.00Broken blinds: $115Light fixture missing globes: $46Install security door on front: $402.50Repaint entry porch: $46Install 2 jelly jar missing: $50Cut tall grass: $92Final clean: $195TOTAL: $2,499Is this reasonable or outrageous? 

RULE #1 the Golden Rule -CASH IS KING. 

What is your one golden nugget of advice for all real estate investors trying to crush it in this economy?  

Gather a team you can TRUST, goes for locally or across the nation or globe.  

I am forced to now and the golden handcuffs are forever gone !

Usually you have to have a job but if you have a savings account that is good, food credit, low/no debt and maybe a co-signed you could be golden.