I’d suggest starting with local credit unions or community banks—they’re often more flexible with investment properties.

@Ritu MahajanBuild a solid local team, including contractors, property managers, and lenders experienced with BRRRR.

For instance, Berea is a charming college town, but the combination of local taxes and less favorable price-to-rent ratios makes it less appealing for investment compared to other areas in the state.

If you can't leave NY, I really wouldn't try to do a BRRR from that far away unless you have someone you trust who is local.

When you put in the settings for state and local tax it should be clear what is collected and what needs to be remitted to each authority.

Quote from @Kyle Carter: The comps that come from local real estate agents will be the best for this one.

For your out-of-state BRRRR plan, building a strong local team in St.

Local agent here near Bella Vista and investor myself. 

I was working with a local credit union who pulled out at the last minute.

I have lived in Truckee for over 23 years and understand the pain you can go through dealing with a local government where the answer you received on Monday is different than the answer you receive on Tues, Wed, Thur & maybe even Friday if anyone is working.