I NEED ADVICE!! First Out of State Rental Purchase

[Asbery Rainey]

I’m looking for property to purchase in 2023.

130k Max. Residential. Commercial. Multiplex.

I want a good cash flowing opportunity to hold.

I’ve been looking at landlord friendly states:

TX,AL,AR,MI,VA,MO,GA,IN,OH

Mountain States:

ID,MT,UT,WY,NM,AZ

I want to minimize my search.
What are some of these states that have worked well for you?

In any of these states does anyone know:

A good property management company?

-or have an experience where a property management wasn’t needed on an out of state rental?

A good Contractor?

An attorney?

[Steven Foster Wilson]

Quote from @Asbery Rainey:

I’m looking for property to purchase in 2023.

130k Max. Residential. Commercial. Multiplex.

I want a good cash flowing opportunity to hold.

I’ve been looking at landlord friendly states:

TX,AL,AR,MI,VA,MO,GA,IN,OH

Mountain States:

ID,MT,UT,WY,NM,AZ

I want to minimize my search.
What are some of these states that have worked well for you?

In any of these states does anyone know:

A good property management company?

-or have an experience where a property management wasn’t needed on an out of state rental?

A good Contractor?

An attorney?

 Hey Asbery, this will depend on what you're after. Looking for cashflow? Look into Cleveland, its got good cashflow potential with appreciation happening as well.

Looking for appreciation come to Columbus, there are still 1% deals, but the more attractive part is the population growth and other economic drivers!