@Nina PenuelaI feel courage, humility, and adaptability are some key characteristics.One must have the courage to act, to engage, and to challenge.

It usually takes a bit of time to feel confident in your decision-making. 

Once you’ve gained confidence, expanding into out-of-state markets becomes easier.2.

I’m not sure how to judge all those characteristics you mentioned before but I’ve been feeling pretty confident about the mortgage agent and their work.

While I am new to the real estate market in the USA, I am confident in my ability to navigate and succeed in this field.When I discuss financing options with loan brokers, I often encounter conventional loans requiring a 30% down payment.

Rents are moving and I would double/triple check so you are super confident in the rates. 3) Insurance seems low at only $3,000 per year for 14 units.

Once you have this team in place, you should have the foundation to invest in any market confidently while not being there physically.A lot of investors based in markets like California and New York are choosing to purchase their investments OOS in Midwest markets like Columbus and Cleveland, OH because of the affordability and numbers making more sense. 

Is there a trustworthy property management company you can engage where it would still cash flow.

Posts like this are what drive forum engagement, bc they can be dissected from various POVs.

Many agents claim they can handle multifamily, but working with one who owns similar properties offers better confidence that they know what they are working with.But if you are looking for larger multifamily properties -- which are not listed on the MLS, there’s usually just one broker managing both buyer and seller side.