IMO investing out of state requires a fantastic team before you buy a single piece of real estate. 

In my opinion, you should for sure team up with the local bank!! 

Weekly updates AND a requirement for the borrower or someone from the borrower's team to respond within 24 hours of being contacted.This is a good one! 

Working with and building a trustworthy team is of utmost importance.

Both of us work full-time, but I’ve always been interested in building financial freedom through real estate.Looking forward to learning from all of you and connecting with a rockstar team soon!

There are a lot of groups out there right now that had made-for-TV track records that will likely not be in business in a couple years.Focus on the experience of the team, how long they have been in the business, how many market cycles they’ve survived, their philosophy on leverage, and how many properties they bought in 2022/2023 (a good answer would be few, a great answer would be none).And do yourself a favor and read The Hands-Off Investor (in the BP bookstore) before you invest a single dollar in a syndication.

When this happens the fancy/complicated entity structure is useless protection-wise.Lots of attorneys out there who will sell you a $10k+ entity structure that doesn't mesh with your operations as you scale your portfolio and team.

Toughest part will be figuring out what market you want to target, what teams to trust and employ to manage your properties for you as I wouldn't recommend trying to manage the property yourself.

I did receive a response from one of his team saying that the valuation and legal was wrapping up and that we should receive a substantive email before the end of the month.

.: @Kyle Collinshello. are you able and willing to travel to AL to build a network, look at properties, and get a team set up?