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Updated over 1 year ago,
Advice needed: New construction as a safe bet for out of state investor
I'm an out of state aspiring investor (living in CA, looking to invest in more affordable and cash flowing locations) looking to by my first investment property and wondering whether purchasing a new construction SFH is actually a bad idea? The concerns are obviously not being able to find a great undervalued property deal. However since I'll be owning a rental property very far from where I live and don't have a local network of contractors, property managers etc. yet – does it make sense to consider a new construction as a safe low maintenance option? Would love to hear the thoughts of more experienced investors.