All our data was well-organized and cleanly presented (no dropping off boxes of unorganized documents in their lap).  

If they just represent first time single family home buyers and aren’t constantly finding off market properties and reviewing deals, you’ll find a better investment through someone else. https://www.kiavi.com/blog/out-of-state-real-estate-investin...https://learn.roofstock.com/blog/out-of-state-real-estate-in...

My core investing philosophy is pretty simple, and has done very well across almost two decades and numerous cities:1) Invest in cities with population (and job) growth2) Invest in parts of the city where household income is near the median (or slightly below)3) Invest in properties that provide cash flow from day 1 Thank you for sharing that. 

Michael - you can use this platform and FB Groups in order to find off market, live STRs in all of these neighborhoods.

That can be tough when it's a one-off job or you only have one rental.

I'd like to use this to make an "all-cash" offer on a SFR, and then convert that to a conventional mortgage to pay off the HELOC.  

I have a mix of long term rentals and STRs and rent some of my STSs mid term in the off season so I am happy to share my thoughts and experiences with each strategy in this area.  

If you think you'll hand it off to your PM to run and take the great amount of passive income as your great reward, there is so much more to it.  

If you’re truly convinced the country is going “socialist” then you should probably buy gold and turn off the news.

And even if you hire a property manager to take things off your plate, that process isn’t foolproof, as Gregory illustrates.Buying a turnkey property (ideally with a tenant in place), or opting for a syndication or fund, could be a better bet if you’re looking to invest outside California but don’t want to deal with the hassles of “landlording.”