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Updated about 10 years ago, 10/13/2014
Relocating
I am looking to buy my first investment home soon, I would like to buy and hold for the cash flow. The question I have is that we will be moving from Rhode Island to the Savannah Georgia aria next summer. I have three options, and would like to get some opinions on them.
I can buy a property here in Rhode Island, and become an out of state landlord when I move. This is the option I like the least, and will probably not go this route.
I can buy a property in the aria that I will be moving to before we move, and be an out of state landlord for a few months until we move, or I can wait until we move to find a property.
I would appreciate any thoughts and opinions that any of you have that would help me make this choice.