Feel free to reach out.

Having a reliable local team, including a property manager and a realtor familiar with the market, is the best way to avoid high-crime areas.If you’re leaning towards Richmond or have more questions about the market here, feel free to reach out.

At which time the investor who created the deal would now own the house free and clear.

Feel free to reach out if you would like to talk more in depth! 

Also, we will be having a free REI networking event Feb 6th if you're in the Milwaukee area.

There's so much information here on BiggerPockets as well as the podcast and books and other websites, books and blogs too that are either free or very cheap. 

Good luck, and feel free to ask if you need more tips on tenant screening!

I have referred a loan out of state based on NOI, cap rate at purchase, room for increase income and purchase price vs market value.Maybe I didn’t articulate the intent of the post as clearly as I hopedFor anyone who has bought multi family out of state, “what are gives you the warm and fuzzies about a deal”:Obviously not cap rate, but maybe vacancy rate,  Cash on Cash ,GRM, IRR, Unlevered free cash flow, Cities over 250k?

Feel free to DM if you have any questions or would like some resources on the topic. 

Even a weekend trip to scope neighborhoods can give you a feel for the area.Good luck building your portfolio, and feel free to ask if you have questions about getting started!