So we have found that local can turn distance.

For example, my blog is about while working full time, buy and hold investing, 0% Down Rentals, Personal Properties turned rentals, Long distancing investing, self-managing 3,000+ miles away.

I personally manage all my properties from a distance.

Hey @Jay Hinrichs - glad you concur - that means a lot to me coming from you :) I will say, however, that as a long distance landlord for the last seven years, I have only once traveled to my properties, and that was during the research phase - money well spent.

This took his interest rate to a whooping 7%, due to which he is paying around $3300 before tax every month on his mortgage.The remaining amount on his loan is $460,000.Now, some pointers about the property.It's a multi-family property with a very good location.It is very close to NY, hence the commute is easy.It's a multi-family house with a combined rental income of around $4200 per month.The Lot is size is double than usual (compared to the average size of City).Current monthly payments being paid by the owner:-As told before, the remaining loan amount is $460,000I've had appraisal done on the house, and it came out to be $390,000.Mortgage ($3300) + Tax ($1000) is $4300 every month.Water bill is around $150 every month.Insurance is around $100 every month.Hence the owner is paying $4550 every month.The current situation:-The Owner has this house on sale at the moment at $500,000.

However, just below the Foothills neighborhood, the distance from the beach makes the neighborhood of San Roque much more affordable.

Do you just measure the horizontal distance and then add some safety margin to the numbers?

You must be commuting a ways if Rich is only an hour a way and you are (working) in Arlington.

I'm trying to begin investing in the Atlanta Metro area from a distance and this type of news really doesn't help.

There is a child involved, and an attraction is that our unit is walking distance to a good school.