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Updated about 5 years ago,
Investing from out of state
Hey im pretty new to this, as in still researching and collecting every nugget of info befor pulling the trigger new. Currently im building capital and making myself more palatable to lenders. Im from NYC as as you know the rental income to property price can be pretty slim so I'll most likely invest exclusively out of state.
I wanted to get a really good understanding of how out of state investing went for you. Was there unexpected road blocks? How were they overcome? How was it building your team? Do you even have to be in person to buy the property(is this a state by state thing)?
I think out of state invest is ideal since you open yourself up to every market not just locally. So I better start learning!!