Hi Tralecia, in Ohio, if you fall out due to one of your contingencies you are supposed to get your earnest money back (unless otherwise specified e.g non-refundable EMD).

If anyone is investing "hands-off" and relying on you to generate a return, you have created a security and your activities fall under SEC laws.Seek competent counsel.

If you would like a process for finding an investment Realtor, let me know.In ConclusionLong answer, but I hope this will provide a process for buying properties remotely without buying from a turnkey provider.Cant recall the BP member but remember the guy that was predicting Vegas down fall worse than 08  ..

I think the whole salers thought they’d discovered a cheap market about an hour north of me, hence the flurry of activity, but the properties in the particular location go on market in as is condition and all need to be rehabbed but the tenants just trash them so anyone who knows the area isn’t going to fall for that.

Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion

Point is, running 8-10% for management and 7% for vacancy will tend to fall well short of actuals.

Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion

Youd fall to your death if you walk out that door.

That team didn't fall apart because they figured out I was 17, but that accelerated it.

The thing is rent increases already happened between Fall 2020 and Spring 2022.