I’m looking to invest out of my home state, Texas, and have narrowed it down to 3 markets.

I believe the value would get passed to them and the current market rate. 

Or find a deal first then market it to buyers, then offer on the house and create an agreement with the seller & buyer?

In a highly competitive tourist market like New Orleans, I update my photos weekly. 

I Can only realistically get $1600-$1700 a month renting my house based on the market.

I stopped buying because the market became too expensive and competitive in my area at the time. 

I think our modeling has adapted to market changes over the years, so we've stuck with Excel as we can easily change the parameters to keep it "fresh".

Never buy without personally inspecting and approving the property and INDEPENDENTLY, INDEPENDENTLY, INDEPENDENTLY, verifying everything from values to market rates, to approving tenant selection procedures and standards, to repairmen on standby, to everything else in Christendom that you can thing of.I am not a fan of out-of-state investing, especially for those with less than 50 years of experience, and for them, they’re probably too old for the hassle. 

I'd be interested in any insight on the Sacramento market, esp. from investors in multifamily.

I'm curious to dive deeper into the Santa Fe market and would love to learn from those with local experience.