@Diana T.

How did they get to the point of having to pay for appraisals and other things without having a fairly firm loan commitment?

Don't make any offers over the phone and don't commit yourself until you are sure.Using a set script with a structure to collect a lead will help you to be consistent and populating your database with leads keeps the hopper full.Best of luck.Ted

Of course, with the price tag and time commitment attached, I'm not sure how beneficial it'll be.

We still own one SFR in Las Vegas but we are committed to staying local as investing long-distance turned out to be more of a hassle than it was worth, despite the phenomenal gains that we locked in by buying at the bottom of the market.Up to now we have only bought distressed properties as long-term rentals and plan on holding onto the nine units we currently own.

@Kimberly T.

t need the headach trying to get the owners out.

.” ― Roy T.

"one hour away"...that is a lot of distance to cover, especially when you can't commit more than evenings and weekends.

I agree with taking it slow, considering all angles and not committing to anything until all avenues have been evaluated/ analyzed.