.- Higher Cash Flow Potential:Certain markets might provide better rental income, leading to increased cash flow.Cons:- Limited Local Knowledge:Understanding the nuances of a new market is challenging without on-the-ground experience.- Property Management:Managing properties remotely often requires hiring a property manager, adding to your costs.- Increased Travel and Communication:Regular visits and long-distance coordination can increase both time and expense.- Legal and Tax Complications:Navigating different state laws and tax regulations can be complex and confusing.Out-of-state investing can be a great way to grow your real estate portfolio, but weighing the benefits against the potential challenges is essential.

When it comes to funding Ground Up Construction, what would your ideal financing solution look like?

As the saying goes, you're learning to fly the plane while it's still on the ground.

Extremely Grateful!

As an investor and PM in the OKC the advantage of a PM is they're your "boots on the ground" example is performing property inspections, posting notices to quit, ext.... it's extremely difficult to run any rentals out of state without someone there to be your eyes and ears. of course I'm a bit biased in this situation.

bridge, fix and flip and ground up construction 

So we are very grateful if we have tenant who pays on time and we do not care what is she/he doing in the apartment or SFH.

Koevenig does not have ground up construction experience and would not have been able to get financing if he was properly qualified.

As a result, it is much easier to talk about which areas you may want to avoid.The East side and near the Fair Grounds are commonly considered rougher areas. 

I’m relatively new to this with minimal knowledge from listening to the bigger pockets podcast, but would be grateful to meet any new connections to help me in this journey.