Lots of California investors are 1031ing 3 and 4 cap properties for Florida properties that they can control as if they were in their own back yard, thanks to the power team.

It got me thinking about all the folks that attend conferences, spend time on social media forums, read a ton of books, but sit idle when it comes to becoming an active note investor.  

For all the turnkey investors out there:I'm starting to look into this space and I'm noticing that a post-rehabbed 65k single family house in Indianapolis (sold by Morris Invest) brings you, give or take, $1,000 in rent whereas in Milwaukee you need to spend a post-rehabbed 85k for a single family house (sold by Home Invest) to bring you about $1k in rent.So my question is, if you're after cash-flows, are there any reasons an investor would go with the house in Milwaukee versus Indianapolis?

Why not take all the money you would spend on the line of credit each month and add it to your mortgage as a principle curtailment.

Hello BP,I have made the decision that I want to take action and start RE investing for a number of reasons but the main one being able to spend more time with my family.

You may end up being the proud owner of a very expensive lien and no control over the property.  

A lot can be done from the computer, but there is nothing like the face to face or boots on the groundForm a strong team right awayIf you don't want to or can't spend the time to do the about then don't invest out of state or invest in passive deals out of state. 

Its pretty easy to find, but the two parts I spend the most time with are 66-28-201 and 401.As for this conversation, the IRS asks if you are charging fair market rent. 

Therefore, any additions will have to wait til I have more to spend on doing it.

Or what does it control?