Aside from establishing whether they are taking in more than they can spend every year, it´s in your interest to find out what their bad debts are, what deferred maintenance has been building up and what reserves they´ve set aside for big ticket items such as roof replacement.Finally, factor in the closing costs (title fees, loan origination fees etc) that will go on top of the purchase price. 

Branson Missouri Motel for Sale..51 rooms, pool, laundry, ticket discount access with free delivery to hotel, 2 bedroom managers suite connected to office. $50 a night hotel.

What are the big ticket items for this project?

What i want out of real estate is longterm assets as well as income now. and i willing to do whatever it takes to get there. i see wholesaling as my ticket to get my dream started and funded not necessarily to strike it rich quick. i understand that real estate investing isnt a hobby but a business. anywho, Thanks so much for responing to my post Mr. jon holdman

I posted on reiclub.com but I havent gotten much response so I was wondering if anyone on here could help me out.A little about me, I am a 25 year old 1st Lt in the United States Marine Corps, currently in Corpus Christi TX for flight school.

Always had to get back to the states to work so for long weekends and such I needed to find somewhere within a reasonable flight from the states.

But like everyone has mentioned, you have to do your due diligence, and that may take a couple of flights out to wherever you're investing.

@Jesse S.As a fellow Brooklynite - I agree that investing in NYC can be challenging.If you do decide to use a turnkey company - make sure to spend the money to take a flight and meet with the turnkey provider.

I did a quick google search and the Basic Allowance Housing for flight students is $1100 -$1300 ish.

Don't tell me if you got an applicant that was a flight attendant, pilot, hotel sales person, Disney employee for 15 years, etc, etc - that you would have denied them.