I can count on one hand the number of units we have rented over the years that have been ready the same day as a move-out. 

Especially since you don't have to be super picky about location until your kids are ready for school.

I had the money in the bank to cover it, but it took much longer than expected to get it ready to rent.

Carrying cost would be about $1300 a month it may take me 6 months or to get it rent ready.

He has a 400k HELOC ready to use..Question: What is the best way to structure this??

At what point did you feel ready to rehab a property outside of your local area?

It's also acceptable to hold tenants accountable for consumables like light bulbs, smoke detector batteries, or filters in the refrigerator.

there is usually a tuesday meetup PREIA(or something like that, they email me but I rarely attend due to scheduling)  but you will likely be getting ready to go to the airport. check on meetup dot com anyway and see if something else is going on...I'm heading out of town myself or I'd give you a tour. 

Part of investing is to know when you are ready and when you are not. 

It's hard to stand out.There are some owner-occupied segments with people who share motivating factors for selling their home.Seniors with Long-time Ownership: often ready to downsize or transition to assistance.Homeowners with Low Financial Stability Scores (FSS): Struggling financially and likely ready to cash in on their asset.Both these categories have additional advantages in that they probably don’t haven’t been updated and may have deferred maintenance.