Should I start investing in one state when I know I will leave?

[Nate Grettenberger]

I am currently in the San Diego area and looking to begin investing in rental properties in the near future but my wife and I will most likely wind up moving somewhere with a less regulated/restricted and more affordable market. The only issue is we are not sure when. I'm just wondering what peoples thoughts are on investing in rental properties in an area when you know it won't be for the long term.

[Christina Labowicz]

Hi Nate, I would just factor this into your expense costs, 5% would be reasonable. I speak with many people that have never even seen their properties. If you buy while still in San Diego then you still have the chance to take care of this and that and get proper management in place. San Diego is a great place for appreciation and you won't be sorry later for owning here! 

If you would like some good rental property managers or want to learn more about the San Diego market feel free to reach out, I specialize in multi-family 2-4 unit and 5+.