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Updated about 4 years ago,
Out of State Investing
If one were to invest out of state, what would be the proper way to oversee improvements and management. In other words what should your infrastructure look like and how can you protect against property managers, contractors, handymen and tenants from taking advantage of the fact that you are not local? Have heard horror stories but it seems that the deals to look at currently are not in Los Angeles where I live.
Looking to purchase a multi family in the 2.5 million zone.
Worried a management company and unscrupulous people will kill my cash flow.
Would a triple net property be better?
Thanks,
Mark