I will add that you definitely do not need to be near your investments, but it makes things a lot easier when you first start off. 

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

Engage an investor-focused realtor/broker in your preferred market (this is not a residential realtor) and start 'tire kicking' the market and properties that fit your criteria.

What does the process look like from start to finish? 

Over the course of using Bigger Pockets I have had very degrees of opinions on who I should vote for concerning a post.When I first started using Bigger Pockets, I was too naïve to even think of voting for someone that took the time to answer one of my post.  

It can totally be done, even in this market.

At this point I can't fathom spending close to $100k in repairs and potentially being right back where I started.

I strongly recommend a multifamily to start out when using a DSCR loan.

We know how challenging it is to navigate real estate, either starting out or as an experienced investor, especially when it comes to creative finance.