Hi everyone, I've been spending about two weeks deep diving into investment property.  

I've been watching a lot of out of state investors get in too deep, though, thinking they were getting slam dunk deals and then ending up selling 6 months later or their rental sitting on the market for months and decreasing in rental price week after week.

Purchase price: $272,500 Cash invested: $70,000 Sale price: $430,000 This 1950s ranch had a killer lot that was super deep and offered a ton of privacy.

This house is in a prime neighborhood and I got the house at what I thought was a deep price.

For now landlords are viewed as evil and people with deep pockets.

You’re definitely on to something but you have to go seven layers deep.

@Jeff KovalMetro Detroit offers many options for meeting the 1% Rule and relatively high ROI.Follow our "Deep Dive" series we're doing about Metro Detroit cities and City of Detroit Neighborhoods: https://www.biggerpockets.com/...The two most common mistakes we see investors make, over & over again, are:1) Not understanding and running their own ROI numbers2) Not having a clear understanding of the type of asset a property isIn our opinion, your best team member should be your Property Management Company (PMC).

@Gregory Ling, PM me, I'm happy to give you a deep dive, I'm a newbie, however knowledgeable enough to share.

Posters never clarified and nobody else seems to have deeped dived into thisGood luck. 

In terms of buying outside of the US, I'm assuming you have deep knowledge of the country, language, and rules pertaining to that country.