Buying a rental property out of state

[Cole Lynch]

I have been saving up money to buy a first home for about 2 years. I recently decided it might be better to buy a rental property out of state due to the cost of living here in Colorado. I just wanted to get some thoughts on what others think or advice based on others personal experience.

[Stephen Akindona]

Hey @Cole Lynch! You can totally buy out of state, there are a lot of folks doing it! I would say make sure you find the right team! Try to find your network of people you can trust and work with! Always have checks and balances. Pick a market that if you need to go is not too far away. Maybe a short direct flight away or a couple hours drive. 

Good luck and happy investing.