Out-of-state BRRRR Strategy

[Brian Bistolfo]

Anyone having success doing the BRRRR strategy or a close variant out-of-state (or long distance in-state, I suppose) while living in Austin? I'm primarily working on deals that will cash-flow nicely which is a lot easier outside of the immediate area. The BRRRR strategy is very appealing; I'm looking to expand quickly and do exclusively buy-and-hold. Any local insight much appreciated!