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Advice for buying STR out of state?
Hi there - I'm considering buying a STR out of state (I live in the SF Bay Area, so costs are pretty outrageous here). I'd love any advice on identifying and vetting properties from afar. I'm also curious if anyone has worked with Awning to purchase a STR...some of their listings do look quite good. Many thanks!
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Quote from @Leslie Anne Morris:
I wrote a blog post on it recently
What to Consider When Buying Income Properties Out of State (biggerpockets.com)
I would consider taking a look at this article by @Leslie Anne Morris - she is very experienced and highlights some great points here. Get in touch with local operators / agents / property managers in the area(s) you are looking at - they will have the best "boots on the ground" info available!