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Updated about 6 years ago,
1st investment: Investing outside of the state you reside in
I am curious to see what experiences people have had with investing outside of the state where you live. This is my first investment property. I am considering investing in Ohio and am currently looking at Cleveland and Columbus surrounding areas. I am here in Ohio right now looking at different areas to determine safe and decent locations for a multifamily buy and hold investment. I currently live in Florida but have family ties in Ohio. Investing someplace closer to where I live would be more ideal but I'm not opposed to investing out of state. It poses certain challenges though. I'd like to hear others thoughts on the challenges faced.