Managing multifamily rentals from overseas? Feasible?

[Fran Arti]

Hi!

Im planning to invest in Central America in the upcoming months but Ive to consider that I´ll need to move in 2-3 years maybe. My main purpose is to learn how to invest in Commercial Real Estate and, of course, build a strong cashflow system to support my finances and I want to buy and hold and not selling once I going to move out. I want to maintain what will be build. 

The main doubt for me is to build that system big enough to support have employees and the ability to have someone trustworthy that will travel there and visit the properties several times a year. 

The major concern Im worried about is to depend on people there (on site managers/property managers, and, if something fails, I´d not be there to fix it and select a proper replacement. You guys have any tips?

Thanks!

[Fran Arti]

Originally posted by @Andrew Syrios:

Out of state is tough enough, I would be even more nervous to so abroad, especially if the country isn't one of the most stable (i.e. Europe or East Asia). I would consider Latin America if seemed like a great deal and was a relatively small investment (given the size of my portfolio). Overall, I would be very careful and concerned about such an investment.

Thanks for the input, @Andrew Syrios. I think I have to implement a system that allows me to, first off, start in the business and gain knowledge and experience, know how to run the business by myself and then, expand it and let other people to run it (I will supervise them). I will looking for more opportunities. Otherwise, I cant build a business that depend on me at all times. I think its time to learn how to attract and hire great employees and delegate and manage people. Will tell you guys how its going. Thanks so much.

Any tips that might be of help will be so much appreciated.