If the new property generates lower rents, but the local economy is strong and property values are appreciating, it could still be a solid move.

Our plan is to use the "Sneaky tactic" and for the next few years, the plan is to buy a house that needs a little TLC, fix it up as we live in it and move on to buy another house until were tired of doing it or reach a decent income.

They survived despite the additional challenges of investing remotely, but arguably could have done much better just investing locally, and it would have been much easier.

. :)I'm looking to do out of state investing (I feel CA is too over priced/out of my reach at this time). 

That’s why I’m always refining my approach—whether it’s using alternative data sources, networking with local professionals, or adjusting how I reach out to owners. 

Reach out if you want to discuss, I can get you connected with a great local investor friendly agent!

I spoke to the local fire chief.

Unlike a local bank we're going to take a very simple approach to underwriting.  

Many BP’s are reaching out to tax professionals here.

I live in SW Montana where there is a strong STR market and am considering buying a lot locally (2.5 acre overlooking the river/valley/mountains) where I could set up 2-4 Tipi's and rent portable bathroom/washing station for the lot.