Buying out of state tips

[Sidra White]

Has anybody purchased in Jackson, Mississippi?

I’m looking to buy my first rental, which would also be out of state for me.

Interested in any information or tips on Jackson as well as Mississippi landlord laws.

Thank you in advance!

[Susan Maneck]

I invest in Jackson, Mississippi but I bought those properties when I lived there. I have since relocated to California and turned my properties over to a manager who is also my real estate broker. Mississippi landlord laws are pretty straightforward and landlord friendly but judges have a lot of discretion. Avoid the 39204 and 39209 zip codes. Those are war zones. The most important things that need to be checked when you buy property is for foundation problems and roof leaks. Foundation problems are endemic in Mississippi because so much is built on yazoo clay. The biggest problem with roof leaks is not so much the cost of replacing the roof but getting rid of the mold that results. The best deals are to be found at the HUD, Fannie Mae and Freddie Mac websites if you don't live here. Avoid wholesalers. I can send you my brokers contact information if you send me a private message.