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Updated about 6 years ago,
Thoughts on out of state multi family investing? Pros/cons?
I recently have an opportunity to purchase 3 multi family units out of state (Maine). I currently reside outside of Boston. The numbers create a nice monthly cash flow even with property manage. I feel I have reviewed every possible pro/con but you don’t know what you don’t know. Any one have any experiences, good or bad, to share?