Because buying a one-off in those areas and then paying property management is going to cut or kill your profits.If you are doing OOS, you should focus on more turnkey or rent-ready over value add because as a new investor, you are going to lose money on the remote rehab.With a prior bankruptcy, an FHA loan, and 50k from someone else or inheritance, I would think a little more solid about how you want to invest.

For most it’s a colossal waste of time and energy.

The same has now occurred with the Team Lead who has shared that my Realtor lacked experience and may’ve had ill intentions of getting greedy with deals that they started to cut the Team Lead out completely.CURRENT STATEThe Team Lead has asked me to sign a new contract.

Dont waste but redeem the time.

And it's cut down my time spent bookkeeping by a huge amount, since I'm no longer searching Quickbooks forums via google for obscure workarounds specific to real estate. 

Most likely with the Fed cutting rates, at least historically, the rate cut has led to a recession which usually leads to lower interest rates in an effort to jump start the economy.

If you’re expecting to get a seller under contract with just logic and numbers, think again—you’ll end up wasting both your time and money.I’m not a coach; I can only share what I’ve learned from my own experience.

BTW SMS is less effective then you'd think and has real legal trouble issues since youu are spamming with blind SMS.This is a whole book so have to cut it off here.   

Hi BP'rs, I don't have a good sense of how the interest rate cut today will affect me as a new investor looking for my first deal... will it start to drive up prices of homes in areas i'm looking at as money gets cheaper or am I off base?

"Over the last four tightening cycles, the time between the first hike and first cut averaged 2.2 years, and never exceeded 3.2 years" - credits for www.pensford.com