advice on buying out of state

[Brandon Morgan]

Any advice on buying out of state. I am a new investor but our family was thinking of buying our parents a house in Florida for retirement. the thing is we don't live there at all and its tricky since its out of state, however we already have an idea of the area in Florida we are looking to buy.

what would be the starting process to getting a home out of state? do I have to find an agent out there? I already have my pre-approval ready. 

[Alfath Ahmed]

Brandon, I work with a lot of out-of-state investors here in the Columbus market (roughly ~40%). Some investors are focused on cash-flow while other investors are focused on building their net-worth through appreciation plays at scale.

I personally looking for A/B-class properties when investing out-of-state. I would definitely recommend finding your core 4 (Real Estate Agent, Lender, Contractor, PM). They are the ones that will either make or break your investing. Ofcourse, make sure to always do your own due-diligence.