James, I’m in Vegas, but invest in Mobile, AL.

Quote from @James Carlson: @Natalie MedvedIn the competitive world of STRs now, you have to differentiate yourself.

Single family 3-4 bed not on septic with an ARV of 400-900k or small multi family in king and northern pierce counties.   

:) G'Day Zair,Just commented the same to another fellow looking to do something similar to what you are.I think that BRRRR from out of state is very risky business.If I was you, I'd continue immersing myself in everything and anything real estate related.Come back home to the US and start in your local market.Using leverage should only be reserved once you already know what you are doing and you have experienced the income/expenses over a few year period.I've always believe that "Cash is King, Cashflow is Queen and Finance is the Peasant" lolIn your local market or a market of your choosing you can buy, fix and flip or buy, fix and refinance.But I suggest you buy, fix and flip until you have enough cash reserves to buy, fix and hold without it affecting your cash position for future deals.Build a strong foundation without leverage and only then start looking to refinance or finance.30-50% of your portfolio should be un-leveraged.It's a slow process but all good things take time.Just my opinion and wishing you much success

Thanks @David Mackin @James Carlson @Preston Dean and @Nicholas L. for your input!

In the form of memes @james wise will teach you about Clayton and you will see the truth. 

Hi there, James!

Most of my clients purchase turnkey investment properties in areas like Old North, Merion Village, Southern Orchards, Old Towne East/King-Lincoln Bronzeville, Driving Park, North Linden, North Hilltop, Franklinton, Reynoldsburgh, and Hungarian Village.

Quote from @James Ohliger: I'm curious about people's experience with property management fees for mid-term rentals?  

Quote from @James Wise: Quote from @James Hamling: Quote from @Lucia Rushton: @James Wise my biggest concern is for new buyers who have no idea what they’re doing.