Purchase price: $355,500 Cash invested: $75,000 Rental Property near community college What made you interested in investing in this type of deal?

What this leads to is higher purchase prices but also higher rents in these areas. 

I’ve been a member since November of 2024 and my review of Rent to Retirement was based on my experience purchasing a rental from out of state which went very well compared to other experiences I’ve had to go through.

., allowing investors to purchase properties at a fraction of the cost compared to cities like New York, Los Angeles, or Chicago.

@Rosette PooleRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I've helped a lot of investors in your area, and I find that many of them end up purchasing rentals in the Central Valley for the very reason you mentioned.  

You mentioned you haven't purchased an investment property before or been involved with seller financing transactions.

I've not yet invested in my first property, but I plan to purchase my first one by the end of 2023.

I found a few that I liked and Melissa was able to help me quickly identify which ones were best for me and proceed with the purchasing process.

I have a followup question - I will realize a lot of capital gain from this home in Idaho, so I think unless I purchase a new primary residence I will have to pay that capital gains tax.