Welcome to Bigger Pockets...this is the best REI forum on the Internet, hands down.I've gotta ask....just because I'm in Louisville and not on either coast where property can get high....is it possible to rent out a property in your area reasonably or are you limited to the rehab and resell process?

With the limited amount of capital I have to start with what do you think about my first deal being out of state?

I have a limited budget so I want to be very targeted with any direct mail I do.

But long term I would to develop warehouses, apartments, skies the limit :mrgreen: But for my first one I am mostly concerned with learning more than making a huge profit.

As such, most jurisdictions limit Landlord/Tenant disputes to a specific venue, in all but the most egregious circumstances.

Well, Freddie Mac just outlined that if they buy your new mortgage you can only have 3 properties mortgaged plus the investment you're borrowing on.That limits how fast any of us can move in traditional financing markets with a stock piling dream.

I studied electrical theory back in school and did wiring back then, but not on a house scale.

They are getting medicare or some other assistance that limits their assets. 5.

Ah the ole Fannie/Freddie limits, oddly enough I was at a meeting today where we discussed the proper way to invest to avoid that challenge.

While I would like to purchase as many as possible, my funds are limited and I was thinking maybe I could wholessale a few to raise capital to reinvest.