I always recommend planning a good road trip as you are looking to live in a property, you should like the area as well.Let me know if I can provide any assistance.

Thinking of saving time by not going and picking up checks every month and saving my tenants money by not writing and sending a check/money order to me (and saves me a trip(s) to the bank).

Here's what trips up short sales with HELOCs.Suppose it's a $500k home.Suppose there is a 1st for $550k and a HELOC for $100k.Home sells for $550k.1st loan is paid off, all but the last $50k. 1st lender is out $50k.HELOC, $0 of it is paid off.

Hi All,Just moved up to Anchorage, Alaska after a 17 day, 5,500 mile road trip through Canada.  

That little 5-10% taken for collecting the rent every month and managing the unit - most of that gets turned over to the insurance company for liability insurance that protects you as an owner and your tenants in case I mess up or someone I hire messes up, and workers comp that protects you and your investment in case an employee trips on the sidewalk while going to deliver notice, or a repairman falls off a ladder while cleaning your gutters.Since any reputable PM will likely be covered by these insurances, it means their subs also will need to have their own coverage.

My closest rental has about $100 per trip overhead just in mileage (not including time) based on current IRS rates because of it's location as compared to where I conduct operations. 

I'm planning on doing a trip early in 2018 and i would like to be in a position that i can be prepared to look at the markets while i'm there.

@Danny Yeap find an agent in DFW, talk through your goals, talk to a lender and get pre-approved for lending, fly out there, and see as many properties as you can during the trip.

How about I buy that trip or item for you?  

Thank you guys for educating me, I scheduled my trip to Philly later this month!