If you are planning on investing out of your area a team in general is very important.  

Example if you buy a new build at 300k or a renovated 100 year old home at 300k right next door, both should see the same appreciation. 

I flew out and met their owner Ron, sales guy Eric, and some more of their office staff.

@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------Recommend 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?

Hi BP, I am interested in invest out of state and these are the three metro area that I am looking into: San Antonio, Austin or OKC area. 

Get out of your comfort zone.

@Steven Nguyen            Your first step is to liquidate some of your Crypto so you have liquid funds to contribute to the deal.

Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.

We ended up just selling our 4plex, but out of the three, I liked heart and home best.

It's terrifying to think how fast it can spread with that kind of force behind it.