Investing in Out of State Real Estate

[Marco Batista]

Hello Everyone, 

First and foremost, thank you to Biggerpockets and thank you to all the people in these forums for providing the immense value you do. My name is Marco Batista and I am looking to start my Real Estate Journey. Due to the properties cost here in New Jersey I'm looking at investing out of state. Here are some questions that arose:

When it comes to investing in real estate out of state, what if any tax benefits are you entitled to?

Has Anyone partnered with somebody out of state and had their partner who lives in state do an FHA loan to fund the deal, is this legal?

What are some of the lessons that you guys who have invested out of state have learned? What’s the easiest and what’s the hardest part about it all?