Before you commit I would talk to banks, probably local banks are better than regional or national. 

However this is something that will for sure affect MF construction this year and sfr is these Tarrifs hold.In the NW I know a lot of lumber comes from CA / BC to be specific but my lumber packages for homes i build in Charleston SC are pine so I know it local wood .. but you know the lumber brokers they will gouge if they get any chance to do so

Quote from @Victor Patel: I recently invested $60K with a local hard money lender who has been established in the area for decades.

Are you local to the property?

This shows the importance of networking locally, building your connections and your "tribe". 

For context, I'm based in the SF Bay Area in CA and looking into buying my first OOS rental after house hacking locally for 10 years.

As always, make sure to run the numbers carefully and factor in local property taxes and HOA fees, which can vary widely in North Texas.Delayed gratification is key in real estate investing, but with patience, the rewards can be life-changing.Best of luck with your search

Some ways to find that person is local Real Estate Investor Facebook groups, local Real Estate Investor Associations, Realtors who list multiple properties for other investors, Bigger Pockets website's forum, and local property managers.You will also want to try to get on the buyer's list for local real estate wholesalers.To Your Success!

I found this deal from being a local.

@Shawn McCormick is local to the area and can share some of his experiences.