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Updated over 3 years ago,
Should My First Investment Property be OOS?
I don't have any experience owning an investment property, but after getting my finances and credit in order while studying the tricks of the trade for the last year I think I'm ready to move forward.
I was focused on getting a property that I can easily visit once in a while, but I've seen some great deals in other states that might put me in a position to buy multiple properties outright.
Should I focus in my own city for my first investment property? What are the trials and tribulations of being an Out of State Owner? Any advice on issues that may arise?