A lot of learning is from reading sites like this and other landlord sites.  

My hubs and I are both from this state, so we go there about 2-3x/year to still visit family, and his family is an hr away from this particular city.  

Taxes are $6000, manager lives at site in a separate building which is the office essentially.

I visited last year and will admit that a lot of the areas are "war zones" so to speak.  

I am actually fairly familiar with the O-Zones & O-Funds (at least as much as one can be since Treasury hasn't actually issued guidance yet.)  

Welcome to the site!

Hi folks,I am a new member to the site and 1st time investor.

I keep seeing properties on MLS and similar sites in my area of Wichita KS where the asking price is 15-20% higher than what the local appraisal values the property.For instance , if the physical property has a value of 100k , but the asking price is 120k, does the the fact that there are existing leases in places warrant a 20% markup in the asking price?

Anyone using something new other than the typical sites?

o.