Buying and analyzing rentals

[Tyler Hockett]

Hello Family,

I’m an new investor interested in acquiring rentals from out of state, specifically properties in Memphis, TN from Denver, CO. I have the hustle to make it happen because I’m hungry but not the knowledge or money, thus, what strategies could I implement while on a tight budget? 

[Aaron K.]

Starting out of state with limited funds typically isn't the best strategy, you might be better off learning in your current area and purchasing a house hack property, you will learn most of what you need along the way that way while having a place to live, in the worst case scenario.  You could also work for a property management company or other investors in your market if you wanted to learn more.