Out of State Real Estate

[G. Doby]

I purchased a triplex July 2018, with the intentions of flipping it and making a killing. I purchased it right, numbers looked good and pretty much a slam dunk to make at least 100k. I had a partner that was going to come in and help with renovations, but after I purchased the property he backed out. 

I fixed the place up as best I could fixing 2 of the 3 units, but the 3rd unit is unlivable (in my opinion). I've now decided to just cut my losses and sell, and with the new gained equity its possible ill break even. 

I'm now looking for a new investment property and realized I can get significantly more units out of California. I am very interested in this idea, and have been scouring the market and have looked at hundreds of properties over the last week finding properties with promise.

I am hesitant as I have never invested out of my state before and don't really know the pit falls or things to watch out for, can someone help me with some direction on what to consider during my purchase and hold process?

Thank you in advance.