I want to find something local (Los Angeles area), move in, do small renovations to possibly build up more equity, do a 1031 exchange, and find something better. 

A friend of mine and I went to meet him at a local golf course and then we talked more about the opportunity over lunch.

Are you local here in OKC?

The PM will also fix things when needed, using local handymen or contractors, and collect the rent for you.

How’s everyone doing ?I’m very new to this but I’m proud to say I am now an investor, I just haven’t invested in anything yet. I plan on taking a few years saving my money and learning as much as I can about real esta...

They hold title, and the mortgage and promissory note were attorney drafted and filed at our local county. 

Get to some local meetings.

As I dive into all the different paths I can take (single family vs multi-family, short term vs long term, cash flow vs appreciation, local vs out of state, etc..) my mind is scrambling and I've ended up doing nothing at all.I'm looking to join a mastermind that meets consistently and can really motivate one another to take our businesses to the next level. 

These deals can be profitable in growing markets with strong cash flow and equity growth, but success depends on the builder’s execution, local market conditions, and your ability to refinance effectively.

However, investing locally has become increasingly unfeasible and unrealistic due to the high costs.