As an out of state investor how are you finding deals, and do you have boots on the ground to help you manage them once they're locked in?

But as you said, being prepared with either an early renovation or a maintenance fund is essential @John T.

@John Teachout this is an important question for sure.

I feel like I should be doing mailing on what I am already good at and keep flipping smaller properties, building that cash pile and then network with brokers on big commercial deals, and then lock up my capital until the properties are re-positioned.

You have your purchase price locked up. 

@John Stewart Happy to chat from my perspective, we manage for hedge funds and individuals that own single, multi and commercial.

You risk a market continuing to be hot for two years and locking them in VS being able to increase next year but you also protect your downside if the market takes a dump and rates go low you are at a good rate for 2 years. 

Any equipment I can keep locked up in the laundry room with power and internet access.

You can use John Doe and all occupants.Was the tax bill going to the property address or another address?

Thank you @John Underwood