I would not buy something that needs mild renovation out-of-state as a brand new investor as you will not be able to manage it and will pay 4x the cost and it will take much longer and you are likely to get scammed if you have not built a proper funnel.

Wise has spent a lot of time marketing his product and building up a brand. 

Hello All- I am brand new to real estate Investing and I look forward to learning and connecting with like minded investors.

.- It needed a community face lift and re-brand (was called windmill apartments....yuck.)We came in and strategically worked our business plan:- We upgraded the exterior including fresh paint, signage, and landscaping.- We removed delinquent tenants and changed the community standards around to provide a safe and clean place of living.- We've upgraded 75% of the units with fresh flooring, paint, cabinets, countertops, and appliances as needed.When we took over the property the 16 units were producing around $9000/month in gross rent.I just checked our rent roll today, and we just crossed $17,000 in gross income monthly!

--> 🆕 We're adding a BRAND NEW Small Multifamily Bootcamp with Leka Devatha and Chris Lopez --> And of course, we can't forget the classic favorite 🌟 Rookie Bootcamp with @Ashley Kehr and @Tyler MaddenChoose YOUR Bootcamp ASAP and enjoy early bird pricing!

Also, check out the (recently re-branded) Good Deeds Note Investing Podcast.  

It’s basically a brand new house per se.

@Jonathan Greenefair, but isn't it tough to find the right one when you're a brand new investor - brand new to RE and maybe also investing in general? 

You aren't trying (at this point) to create some nationwide brand, so being found on google, and when found knowing instantly exactly what you do, is top priority. 

to determine NOI on a brand-new rehabbed single-family property that should not have any operating expenses.