No agent involved.

Quote from @Herrison Sitorus: Hi all,Recently got involved managing a rent stabilized property.

You can invest long distance as long as you build the team. 

Thank you Joe, if it was just me, I wouldn't worry but I have 2 of our kids involved so I don't want to screw up for them and I don't want to screw the renters. 

This was an off market deal that was completed without realtor involvement.

With a 0% down VA loan and now a property value of $650K (+) we have refinanced a few times to get locked into a 2.25% sometime in 2021 and are now enjoying all the benefits of dealing with some long distance property management.

@Jonathan GreeneThe short answer is it will depend on a few things like the tools and listing platforms that you're usingMy current workflow involves many tools (including Monday.com, Baselane, and Furnished plus other listing platforms).

I would add:Over-leverage: seeing people get owner finance and someone to toss them a total of 100% financing plus the costs of renovation sometimes crushes them even if they come in on budget and have the right ARV as they miscalculate the time it takes to sell as well as forget about all the other costs involved in a real estate transaction.

@Williams HerreraStarting investing in real estate involves education, networking, and setting financial goals.

@Kristee BadetHouse hacking involves living in a multi-unit property and renting out others, potentially offsetting mortgage costs and allowing savings for a personal home.