How to start investing when you want to move

[Account Closed]

Hey BP community, I need some advice,

To begin, I'm 22 years old. I discovered my passion for real estate several months ago, and dove right in and started studying, reading books and listening to at least 50 podcasts so far. I plan on succeeding in this industry, willing to go through the ups and downs. 

I'm currently in a non-ideal living condition right now, living in Woodbridge, Virginia in my mom's basement. I have a good amount of money saved up, and I want to start a new life in a new state, either North Carolina or Texas. I desperately want to move, just have to make the right opportunity happen. I feel like I know enough to start making some investing moves happen though. My first plan is to get a duplex or triplex and rent the remaining units out, then build off that with more rental properties, and probably dive into a little wholesaling later down the road.   

I've heard those were good states to start investing in as well, I just want to know, should I put a lot of effort into networking and trying to look at properties in the Woodbridge/DC area, knowing I'm most likely leaving within a year? Or should I just focus on continuous studying until I make that move into the new area? What would you do if you were in my shoes? 

Thank You!

[Ron Gallagher]

If your mom currently rents in Woodbridge you could by a property somewhere in Northern VA and then rent it out to your mom. That's what one of my younger friends did-- he was living with his mom in a townhome in VA that they rented. He was living rent free because it was his mom who was paying the rent and she didn't charge him. His mom didn't have great credit and may not have had any credit at all since I guess she got into debt with credit cards and then after she got out of debt she cut up all her credit cards and closed her accounts. So without great credit his mom couldn't buy a house, so he bought a townhouse in his name and then invited him mom to be a roommate and pay the same amount she was paying at the rental townhouse and they got one more roommate and now he's still living for free, with his mom as his tenant. His mom and the other roommate pay enough to allow him to live for free. He was living rent free before as a freeloader in his mom's rental townhouse but now he's building equity, experiencing what is like to deal with home ownership and repairs, and still living for free!