A little bit off to the west is also a solid market where you can find some success in the Tampa Bay Area.

Living in the Pacific Northwest, where the “Big One” could strike at any moment, I’ve been gradually selling off my portfolio to exit the market and safeguard my capital.

An update one year later after this post, I now have:- Got my property and casualty license and wrote 370+ policies in a year- Saved up a few more thousand dollars in investable cash, paid off $20K in debt and raised my credit score by 100 points- Launched a direct to seller cold email marketing campaign and generated leads for cheap- Got connected with a few real estate investing communities like Subtle Asian Real Estate and Pace Morby's SubTo- Aggressively read and studied as much as I can get my hands onThat being said, I decided to run a marketing campaign to generate distressed seller leads in Phoenix, Arizona, mostly because:1.

I'm may be biased (because I'm an agent), but a Realtor will be your most important team member to start off because we are usually the most networked and have Property Manager, Lender and Handyman recommendations for you already. 

As Josh mentioned, it's important to find your right fit, I wouldn't focus solely on price especially if you're looking to be very hands off and you're looking for quality. 

Investing with a fund that does a lot of due diligence on the operators can add a small layer of fees but it can pay off big time if they are doing a lot of due diligence.

Purchase price: $230,000 Cash invested: $283,550 Sale price: $283,500 Purchased off market. $25,000 Rehab. $20,000 profit after realtor commission.

I know they would be worse off refinancing at today’s rates even if they could find an alternative lender able to lend on older mobile homes.

It's a fabulous small town in Southern MN just off Interstate 90. 

Not blowing off their communications and things like that go a long way.