At the end of his awesome speech, the professor who set up the event asked if anyone student wanted to drive him from Kamloops to North Vancouver (4 hour drive).

Bad" market areas, which a number of people might include South Providence and Olneyville in, tend to be much cheaper, so the returns are better - but properties in those areas also tend to be much more management intensive.If you're going to be managing yourself, which is a very good way to get familiar with an area, I'd say stick within 1/2 hour (ideally 15-20 minutes) of wherever you're going to spend most of your time (home, if you'll be retired).You'll find very quickly that before you know it, you'll probably develop the Rhode Island mindset of not wanting to drive too far, and it's just easier to stay on top of properties when they're closer by.I'm much more familiar with properties in the Warwick/Coventry/West Warwick and north part of the state, so if you know you're going to be centered around Newport I'd suggest connecting with some people specifically around there.

Doesn't pay rent nor the late fee.

What I can also do is partner up with my mentor (investor) on my first deal just to get some cash flow so that I can continue to save for the 2nd property; my mentor could chip in another $10K, and we could even buy out of state since $100K MFHs up north is virtually nonexistent unless it's way out west in my state, or a dump altogether. 

My thoughts are that no SIMPLE arm’s-length property is worth this, neither from your point of view nor the owner’s... but you’re the master of your world.

There is so much new construction north of OKC...Thanks for starting this thread!

We are currently a bit more keen on Dallas from a diversification perspective, clustering strategy and believe north Dallas is exceptional from a market perspective (job, pop growth).  

Las Vegas fourplexes are in older parts of town, east las vegas, close to strip and UNLV, North Las Vegas, Northwest Las Vegas.

North End), homes are selling at 2006/2007 prices.

I put an offer in on reo owner occupied property on Thorme st on the north end on bpt.