PM me if interested and I'll connect you.For Meet-Up groups, @Kevin Carbon, @Troy Fisher, and Tiffany Plovie run the Tacoma-Eastside-Seattle area meet-ups; they are great folk and we regularly have 20-60 investors at each of the 3 different monthly meets.Cheers, and good luck!

I do get to indy semi regular.

It is quarterly and there are 5 units, not sure though if regular repairs would stand up to this clause in the lease.

I routinely check each house I buy at inspection.

And, if I'm doing it right (and not too busy with my other business), I am in contact with them on a fairly regular basis.

Even if you have positive cash flow from other properties the negative property can bring overall returns down to neutral or negative.Just because something is an REO, short sale, regular sale, whatever doesn't mean it is a deal.

If you add up the true cost - purchase price; 30 years of insurance, taxes, and routine maintenance; major improvements; etc. - and compare it to the true value - what you could sell it for less the exorbitant costs of actually selling it - it is, at best, a crummy savings account.

I rent out two bedrooms in my home for $700 *each* (and split utilities) and they're hardly home; it's great.Work hard to get into building your business, but at the same time, perhaps you should still look for another "regular" job.

If it were me, I'd be mailing a 5 stage mailout (at least) to lists and doing it regularly if I were working that market.

Yea its funny when talking with lenders because they are so focused on selling to the typical retail buyer that they don't realize the potential for investors.I should have enough for a regular 25% down payment but that would burn through my entire reserve.