The core 4 is David Greene’s long-distance investing strategy and consists of a realtor, contractor, property manager, and lender.

I commonly assist long distance investors, whether it's for relocation or just to get into the awesome TX gulf coast market.

Keep going, keep analyzing, and if you have to find a different market to make sense of the numbers the Biggerpockets bookstore has at least one book on investing out of state, or long distance investing that you might find helpful.

If your budget will allow for a purchase of $400k or more, a single-family house within walking distance of the beach will likely yield higher return and a larger runway for appreciation.  4-bedroom channel homes in the popular Cherry Grove section of North Myrtle Beach go for around $600-$800k. 

If you can house hack in your local area, or even buy within driving distance (e.g. 2 hours) where you can check on your property you have better control instead of buying in an unknown area far away even if the numbers look good on paper. 

You should use a property manager when investing from a distance, but you still need to know the basics of how to manage property well so you can supervise your property manager. 

Therefore, I'm exploring the idea of investing in a long-distance STR.I'm aiming for a Cash on Cash return of 25%, but after researching a few markets, I'm finding it difficult to achieve this target.

.#2 Too many weekend warriors can do it cheaper than you can do it long distance. 

They are in school and work but need to buy a home so they'll be commuting to an affordable area.

However, these areas are incredibly competitive.How can someone who is fairly new to wholesaling distance themselves from the competition in this market, or really any market?