His God complex and giant ego won't allow him to reflect on the damage he's done  keep in mind if the SEC detects a serious issue and one that could harm investors right now they have the power to take emergency action and shut them down.

Keep in mind these cities become hot because of past data, not future.

I can’t keep looking for properties that will cashflow because I feel like I’m wasting my time at this point.

Market rate is $1100 on the same street for the same style, size, and age of house.The tenant has been there for 25 years and has also worked as a handyman for the landlord on various properties, so the current owner has asked me to keep him there for at least the next year before raising rents.Property taxes from 2023 are just north of $2000.Based on this Deal Calculator it should cashflow month 1.My questions:1.

Most out of state investors are better off just acting as private lenders, buying low cost index funds or keeping their money in HYSAs.

That way, you are picking out the best of the bunch and keeping the peace with the others.  

Keep asking questions and learning as much as you can.

Keep in mind rents also went up and opportunities to refinance were also available - elevating that figure. 

Congratulations - keep us updated and let us know how it goes! 

I would recommend calling the city building dept, they are easy to get in touch with and a lot more helpful than other municipalities in the area.