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Updated over 1 year ago, 08/01/2023

User Stats

21
Posts
6
Votes
Saad Hameed
  • Rental Property Investor
  • San Francisco, CA
6
Votes |
21
Posts

Investment property in a distant state

Saad Hameed
  • Rental Property Investor
  • San Francisco, CA
Posted

I live in San Francisco Bay Area, California. I want to start investing in real estate but the  market is prohibitively expensive and I cannot afford a house here for investment. I’m considering investing in Tennessee. However, that’s pretty far and poses some challenges (travel primarily).

My intention is to buy the property and hite it  a property manager to manage it. 

I seek advice and ideas including pros and cons on this approach. 

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