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Updated over 8 years ago on . Most recent reply
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SoCal investing in Southeast Michigan
Greetings! I'm new to Bigger Pockets and just wanted to say thanks to everyone on here for all the incredible information. I've learned so much in just the last few weeks listening to podcasts, reading the forums, using the free tools, etc. I live in Southern California and I'm actively looking for single family or small multi-family buy & hold deals in my hometown area of Southeast Michigan. Thanks!
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Welcome! If you choose to invest out State (which I would NOT recommend) then my advice would be to focus your time and energy on finding and building your team out of State. Make sure you have identified and are 100% comfortable with each and every one of them (realtor, general contractor, property management, etc.) before you even start to think about finding an investment property. Your boots on the ground will make or break your investment. If your team turns out to be lousy, it doesn't matter how good of a deal you find, you are going to have a bad time with it. Ask me how I know this :). Good luck!