Investing in different multiple cities

[Nick Smith]

Is there a requirement to invest in homes in different cities? I'm thinking of future expansion flipping, buying and holding, and wholesaling.

[Andrew Syrios]

There's no requirement, but it can be very risky. I've seen a lot of out-of-state investors get taken advantage of, so be very careful. I wrote more about it here: http://www.biggerpockets.com/renewsblog/2014/12/23/investing-out-of-state-essential-items-to-vet/