But since you are from the area you likely know that plus most of what I will say regarding investing in the area.However, solid due diligence on the property and tenant histories will be critical - view the leases, cleared rent checks, utilities and maintenance, etc etc.

The only downside (other than the obvious of leveraging IRA-owned properties) however, is that I may decide to flip the property if a buyer comes around with an attractive offer (anything over $140K) during the first six months following rehab.Any other options to consider or critical feedback?

I like going to there Wednesday night function once a month.

@Xing ZhuMy apologies, my response was not intended as criticism.

I have a family that I want to spend time with so automation is critical.

Last paragragh of page 27 through to the conclusion (page 28) shows the defendant took little effort in making the corporate subsidary a legitimate independent entity, and "the corporation simply functioned as a facade for the dominant shareholder" would resonate with any 'reasonable person'.If you call yourself 'Company A' then your corporate offices should have something to do with 'Company A', not logoed as 'Parent of A' with 'Parent of A' employees doing the work.

There’s nothing more critical to investing than finding money/funding, etc., and I know that I, and many other BP members would like to learn from those with different experiences.

I suppose there could be an advantage to be able to walk into an office if you were extremely active or had critical time constraints to close a transaction.

Too easy for them to make my life miserable for free and it would cost me thousands to fight them.Lots of what you do is related to who your tenants are and that is a function of the property you own.I don't do people who have domestic violence related charges no mater what the class.I don't do people who have had an eviction, ever.I want complete applications.

Growing up I enjoyed watching Norm and Bob (yes old school TOS) fix their old houses and turn them into things of functional beauty.