In state or out of state to start out?

[Karlo Alamo]

Hello Community!

What are your experiences? my city (Bismarck, ND) is kinda growing, but I can't find any fourplexes (or I should say is very harder" around this area. How much harder/less profitable is it to do something like turnkey and buy a deal out of state when is the first property?.

Thanks for all your help! 

[Ali Boone]

Would have to know what the deals near you could profit to be able to say if turnkey or out-of-state is "less profitable" than what's near you. I'd compare the entry prices for both options as well as the cash flow for both options, and see what you come up with.