Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago,

User Stats

149
Posts
75
Votes
Austin Mudd
  • Real Estate Agent
  • Los Angeles, CA
75
Votes |
149
Posts

Buying a SFR to owner occupy then rent out of state?

Austin Mudd
  • Real Estate Agent
  • Los Angeles, CA
Posted

I'm living in Pittsburgh for the next year or so until I am relocated for work. I have been hunting around for a 2-4 unit in a few particular neighborhoods but there isn't too much product around. A SFR just came on market which looks like a great deal (it needs no work done and it's price reasonably @ 190k.). It's a 4 bed 2 bath house where each bedroom could easily be rented $650 so I would easily cover my mortgage. My current living situation is with someone who bought a house and is renting to me and another few roommates.

I've been wanting a 2-4 unit since it would be easier to rent it as an out of state owner. I'm not sure how I should be thinking about renting a SFR out of state though.

The neighborhood is one of the most popular neighborhoods for college students and young adults. It's walking distance to nightlife/grocers/fitness/retail but it's farther away from the higher drunken area. 

I'm thinking you'd most likely be looking at students to rent a 4Bd house out of state, unless you were able to find a family or mix of young adults to rent the space. I'd like to pick up a 2-4 unit, but this is a house I think is worth looking into.

Loading replies...