Investing out of state (NYC)

[Willie Morales]

Hi BP.

Wanted to talk about investing out of state ( I live in NYC) , I guess my dilemma is how to do it. I know you need boots on the ground  among other things.

For the those investors that do invest outside of the state, how do you keep tabs?  Do you visit the property? or  you rely on the boots on the ground & property mgr? 

The goal is buy & hold, preferably holding a note, I've talked with other investors who do virtual wholesaling, and that's many of them, but have yet to talk to anyone who is a absentee homeowner/investor. 

Thank you.