First Rental Investment can be a distance property?

[Boruch Vann]

I am seeking my first rental property. I've been scanning for leads in my area for a couple of weeks, but every opportunity I find offers negative cash flow because property values are disproportionately expensive as compared to rents in my area. I don't think I should go for gut-job BRRRR style investments with my low level of experience. I think it makes the most sense for me to look in a different region where rents are higher versus property values. Does anyone have experience starting out your portfolio as an out-of-town owner? What obstacles will I have to overcome? What are the risks?

[Ryan Taylor]

And ALWAYS, ALWAYS, ALWAYS...get a property inspection...I know it might go without saying...but on my first offer...(that I did not close on)...the inspection saved me some serious headache...best 350 bucks you will spend on buying property...imo 

Good luck 🤙🤙