Buying & Selling Real Estate Discussion

[Gehmelle Johnson]

I am a current resident of the DMV (D.C., Maryland, Virginia) in which I own a multiunit (4 units) and a condo. I am not willing to purchase again, in the DMV for it is too expensive! Originally from Minnesota and desire to begin purchasing (flipping) there for it is a steady but, profitable market. I am familiar with neighborhoods so, I know what areas I desire to invest. My concerns are what risks are involved not being on ground when flipping-or investing in a property, what do I need to have in order to be successful as an outside investor?