Out of State Investors

[Chase Freund]

Hello BP, I am a real estate agent in the Kansas City market and work with out of state investors pretty frequently. I would like to get better at making the transaction go as smoothly as possible and was looking for some feedback from those who have invested out of state before. Here's a list of questions I have: 

1. What kind of property draws the most attention to you? (Rentals, single family flips, multi unit buildings, etc)

2. What is the most difficult part about buying out of state? Is it finding the right property, is it finding the right area, the right rehab cost, the right property manager? (I know these all play a role but I am looking for where specifically do things get difficult buying when you are not from the area)

3. Does the way you fund the purchase play a role in your decision when buying out of state? I get being a cash buyer shouldn't change much but for those who use hard money loans are there any issues that come up finding the right lender when you aren't local to the area?