Do you visit out state rental property prospects?

[Ruben Cuevas]

I live in California and I purchased rental property in Las Vegas Nevada. I purchased the property based on pictures online and a great property inspection report along with a decent report with my realtor. I'm considering purchasing another rental property in Memphis Tennessee in the next few months. For those who invest in real estate out of their own state, do you always go and view property before making a offer?

[Ryan Cleary]

A home inspection is going to give you all you need to know about the property.  Inspectors are professionally trained and are able to see issues that we would normally over-look.  Of course you can travel to your properties but I would include that in your closing costs as part of your sue diligence.  Hey if your still getting a good coc return with travel expenses included then go for it!