I also cross check the quality of their work by talking to the tenants, that’s why I don’t have to be on site.

One option is a marine loan, which is a type of loan specifically designed for purchasing or refinancing a boat.

You would have to find a lender that allows cross collateralization of the properties on DSCR loans and you would have to do a few at a time. 

He has had multiple failed properties like Southwest Crossing at Bee Creek (TX) in which a $100,000 investor with cash calls didn't even recover their full cash call amount at the end, while he continued to collect management fees right until the very last month of sale. 

Your basically cross-collateralizing the purchase of the land with your home, and then using the "free and clear" land as your equity down for the construction loan.

Hi Michael - I live in North Myrtle Beach now in an area called Barefoot Resort.  25 years ago, one individual, who happened to own a small, 7 shop strip mall on the beach-side of the intercoastal waterway known as Barefoot Shoppes, crossed the waterway to acquire 2600 acres of, well, nothing.He brought in Dye, Norman, Fazio, and Love to build four golf courses, and we now have 4000 residences between single-family homes, typical 3-level multi-family, and three towers overlooking the waterway.  

this is very tough loan to get and normally happens with friends and family or if you have free and clear property to use as cross collateral.. if you dont have that.then be very careful of fake lenders who will tell you what you want to hear and get you to send money in advance of funding.. internet is full of these types. 

Are there any other cross-state pros or cons for investing from WA -> ID?

There are so many other great options, so we will just cross St.

Hello, I was talking to a Marine that is going to retire in the next 3-months.