What is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

The key to using leverage is to still have a lot of equity in the deal, have a lot of liquid cash to cover issues, and make sure the property has strong cash flow either way.

When it comes to taxes, the key to successful planning is documentation; retain all records of spending, as all those costs can be deducted.”

Your total spend might be like $1,500/year on everything from brokerage to MLS to boards.

Be clear on the key features, then tell everyone what you want.

Managing expectations is key. 

And are you looking for turn-key properties or something along the lines of a "fixer upper"?

A prudent investor doesn't seek quick riches through shortcuts.

My guess is you are renting long term, turn key properties.

G'Day Luka,I'm not a fan of out of state BRRRR.It's hard enough for us on the ground to get rehabs done on time and on budget and I don't even want to think how difficult, expensive and time consuming it would be for out of state investors.And then include a high LTV and that can be a portfolio killer IMO.Hat's off to you mate for grabbing the bull and jumping in.You live, you make mistakes, you learn and you grow.Such is life.Building a large portfolio is an absolute must when investing in sub $100,000 properties in Ohio.I "killed" my business by not wanting to sell to investors that are using leverage.Our sales volume could increase by 70-80% but it is what it is.I just don't believe in it or want the hassle associated with it lolReason is mostly two fold:1) Not in the mood to deal with lenders for 2 months and hope the deal will go through.2) I don't believe that investors should use high LTV when building the foundation of their portfolio.My advice to you:1) Pay them off as quickly as you can.2) Build a larger portfolio.The investors that $#@% the most on my name are the ones that buy 1 or 2 properties and expect miracles.As you said, 1 furnace goes out or a sewer line needs repaired and bye bye cashflow for 2 years.We get blamed although we can't predict to fix certain things and there are just many unknowns with all investments.Our happiest investors are the ones that own 6-7 or even 10+ properties and all with cash and no leverage.They aren't worried about turns or tenant issues that occur on 1 or 2 properties as it's just the nature of the beast.Returns vary but across the board over the last 10 years I have seen 6-10% net ROI's year after year.Building a large portfolio is a must to minimize risk and to get the best possible long term ROI.Thanks