Buying a House Out-of-State Unseen

[Daniela Beck]

Hi all! I currently live in Seattle and will be moving to Wilmington, DE. Due to the vast difference in housing prices, I'm planning to buy a 4 bed 3 bath property in the city to househack and also do a STR on Airbnb.

The only problem is I travel a lot and won't be able to tour in-person. My partner is willing to go but might not be able to until at least October. I'd like to start the business in December, so this runs into a conflict.

Any suggestions on if this is a sound business idea? I have done video tours with my agent, who has shared disclosures as well as any issue areas with each of the homes. I'm also planning to do a live virtual walkthrough with her as well on the properties that most pique my interest, as well as a comprehensive inspection.

Thanks for your help!