Gotta say, the discussions here have been pretty informative, especially with folks like @Taylor L. and Andrew sharing their insights.Looking at your list, I’ve actually known invetors who recently ventured into Memphis and Greensboro.

@Desiree Board recommend doing one close to home and learning all you can before venturing OOS!

Although I find competition for what I call investment grade parks is quite keen.. so returns are more in the MF space.. when you venture out east from the west coast or look at low end parks returns are higher but management is quite intense.. as our dealing with some pretty scruffy tenant base.

I already have an LLC that I originally set up as a business entity to facilitate managing, overseeing, and expanding my real estate ventures.

For example, Ohio Real Title provides property lien search services across all 88 counties in Ohio, making it a convenient option for obtaining a thorough analysis before bidding on a property.Ohio Real Title is the company I use, and we have a joint venture with them.

venture cautiously

Hey Sergey, I’ve run into this exact issue when trying to establish my own online presence for out-of-state ventures.

Rehaan Khan True Prevail Ventures 

With that said, when you start renting it yourself, under your listing, make sure you stay in it yourself to see what it needs and how it operates.Hope this helps and good luck with you venture!

This gives them significant control and security.Joint Venture Agreement with Personal Guarantee: We establish a Joint Venture (JV) agreement that includes a personal guarantee, providing an additional layer of security for our investors.Memorandum Filing: We file a memorandum in the county where the property is located.