Happy to share insights if you have any questions on setup, pricing, or guest management!

Given my background with managing out-of-state properties, I’m confident that I can apply my skills to the MTR space, but I wanted to reach out to the forums to gather insights from anyone who manages an MTR property out of state.While I don’t foresee significant hurdles with managing an MTR remotely—provided I have the right local connections and a solid team in place (which I do)—I’m always open to learning more from others who have navigated this path.If you’re an out-of-state MTR investor or have experience with remote property management, I would love to hear about any tips, strategies, or lessons learned that you can share.

However this gives you leads and buyers list… please share thoughts.

Let me share what I've learned about when they truly make sense.The clearest wins come with:- Properties purchased (not inherited) within the last 5 years- Commercial or larger multifamily with substantial improvements- Assets you plan to hold for at least 3-5 years- Purchase prices exceeding $1 million- Properties with significant non-structural componentsI recently reviewed a case where an investor spent $4,000 on a cost segregation study for a $950,000 duplex constructed in 1978.

Let me share what I've learned about when they truly make sense.The clearest wins come with:- Properties purchased (not inherited) within the last 5 years- Commercial or larger multifamily with substantial improvements- Assets you plan to hold for at least 3-5 years- Purchase prices exceeding $1 million- Properties with significant non-structural componentsI recently reviewed a case where an investor spent $4,000 on a cost segregation study for a $950,000 duplex constructed in 1978.

Congrats on the deal, thanks for sharing! 

I'm excited to share that I've finally taken the plunge into real estate after a long search!

Basically, there are people trying to sell you comprehensive real estate packages, with very little transparency and almost no knowledge sharing until you fork over anywhere from $3000-$12,000 for a mentoring program.

Kind of just wanting to get some perspective, though I know everyone and their situation is different.Also I'm will to share more of my journey and info, just let me know. 

Hi Marci,  I've had my share of contractors doing the same thing.