Also when you go to visit your buildings, would be nice to go somewhere you enjoy visiting.  

I visited several of these cities during a cross country trip and that does a lot of good for "gut feelings" so it seems somewhat random what class a property ends up with sometimes.

My name is Marina and I have found myself in a unique situation that I need advice on.My cousin put an offer on a foreclosure about 6+ month ago and it just got accepted by the bank.  

I just left visiting Juan at one of his rehabbed properties.

Visited the remains of the Berlin Wall just a couple months back. 

Pro: Higher day one cash faux.Con: You need to hop on a plane (or long car drive) to visit your property, which leads to ...Con: You are less familiar with the market.Con: You are 100% dependent on complete strangers to make or break your investment for you and keep your best financial interests at heart above their own.Con: Can't easily verify work is being completed in a quality or timely manner.Con: If problems do arise, it will take you longer to find out and they will grow larger in that time.Con: If something goes wrong that your team can't fix (or in all likelyhood caused) then it is harder to for you to step in to fix it, stabilize the asset, and recover.Con: Lower appreciation and rent growth ... if you think this is speculative and not consistent, then review the last 50 years of price trends in the market you are in now vs the out of state market you are considering.Con: Lower tenant quality.

Come visit us in the beautiful state of Oklahoma! 

Kudos for going to the auction and networking.In general, auctions are not for beginners as there are many risks such as not being able to visit the property, unknown liens and most counties require a payment either immediately or within a few days.

Lifestyles unlimited seems to be a great resource in the Houston area and I plan on visiting some of their workshops and case studies.

She told us the man was just visiting and she paid the pet deposit for our trouble and agreed to remove the dog since we don't allow pit bulls.