As an out of state investor, you will have a business model that you can replicate in any market while local investors have not developed that skill/muscle yet.

I'm in a similar boat as you but the key thing to understand is that times have really changed and it's hard to replicate what all of these other people have for the past couple of decades.

I’m already looking at what Zillow Rental Manager has been doing in replicating most everything Cozy has done, atop a far larger syndication network for advertising my listings when vacancies arise.

It works well as a Holding Company and has the ability to replicate itself into multiple cells, which can each hold an asset in itself.

I can use Buffalo as my template before replicating in Columbus.

I once heard on a podcast to have your portfolio replicate your knowledge base.

My current STR properties are modern and highly curated, so I’m looking to replicate this type of aesthetic with my next project:Vista Luna SonomaHygge Haus SonomaThe Gaines are indeed an inspiration for setting the standard (as is Live Oak Lake - they’ve done a wonderful job).

I can continue to keep replicating a stable model (with my SFHs) and proceed until I hit my "magic number", or I can break out into a new model and attempt this in MFH (which in my mind is more likely to provide me with greater chance of reaching my goals of greater cashflow and scalability in a shorter time horizon).  

I was thinking I could even replicate this process and acquire several more condos in SD into my 30s.Thoughts on this as a general strategy?

We are so happy for you in BP.My wish is others here will get inspired and replicate your successWould love to have a conversation with you.