It's completely feasible to achieve enormous levels of success investing out of state - but keep in mind that when you get involved in a deal that is not local you're losing some control, and your visibility & oversight of the deal is dramatically diminished.Unless you're buying a turn key or getting into a PPM or some other commercial investment vehicle with a group that is managed and regulated, you may want to consider keeping it local until you've gained the experience and knowledge, and developed the out of state relationships necessary to be successful from a distance. 

Before you talk to lenders, I would boost FICO to 800 and season a LLC with as much business credit as possible. 

Its the big ol’ saying…buy low, sell high.The 2008-2010 selling/buying spree may repeat again if the trade war continues and international investors decrease dramatically their investments here.

Thanks again, you guys have changed my perspective on REI dramatically.

The process varies dramatically depending on which you are buying and also from state to state. 

I need help analyzing a potential deal, I'm not quite sure why the rental calculator here shows such a dramatic difference in ROIs. 

They don't account for the time spent on the property which dramatically reduces the actual return.

Here are four proven ways to boost your business.Make New ContactsIt’s all about whom you know.

@Chris Jensen It was a college town & as the economy recovered rents went up but the improvements & updates gave them an extra boost & made them last!

It appears to give you a temporary boost based on finding good financing.