Each contributed a third of the amount for down payment, since I'm single I'm moving into one of the units and we got it at 5% down.

I heard about setting up a LLC out of a state that has lower taxes than using your home state which may potentially has higher taxes.

At first, I thought it was a joke and now I realize it's not.   

It's not unusual for one good person to apply, and they move in their half brother that just got out of prison or something.There's a lot more to look at than just income. 

You will always compete with locals, but with one hand tied to your back.Agree with @Eric Fernwood's post- which BTW he always puts that much thought and work into his posts!

I have been researching everything to do with real estate investing for the past several years and am finally getting to a spot I can start to actually invest.

So outsourcing some degree of property mgmt would be a must... but the deal won't work paying a local property manager a large % of my revenue...Instead, I would set up my "boots on the ground" (cleaners, handyman), and would need an offshore virtual assistant to manage guests and coordination of my local team. 

Hi all,I'm under contract on a home in Cleveland Heights and inspector suggested a structural engineer look at a few things. 

Sold to a friend.

Take a nice road trip.