State's differ quite a bit not just with their laws but with how certain aspects of a sale are customarily handled.

I would love to hear from anyone with experience navigating these aspects of a coliving BRRRR strategy!

That's actually a great aspect of real estate, if things don't go as planned, wait it out!

I agree with what @Jaycee Greene said, having local connections accelerates all aspects of out of state investing.

When it comes to selling properties, I firmly believe in maintaining transparency throughout the process.Let me share some insights and experiences regarding this important aspect.● Resident Impact.

I really like the all aspects of it as an investor with property managers for my properties, and it doesn't hurt that it's free since I'm not that big.

To help you, we have developed a simple tool for gauging your emotional response to some common aspects of rental ownership.

. —- Again I’m not saying you have to do these things; it all depends what type of investor you are and what you are looking for however it is important to understand that if you shift the responsibility of either identifying the invest property or managing or any other aspect there WILL be a trade off — in this case the turnkey company has delivered on your goal of 8-9% ROI (projected... so TBC) and in return you have traded some of the other benefits of investing in RE for the convenience of not having to do much more than to look over the properties they have sent you and funding it from the comfort of your home, office, etc. ... again if this is the goal then you are on point but if the goal is to also partake in ALL of the other benefits of RE then you should understand that and not be surprised that it’s not a ‘stellar’ investment that checks all the boxes.

As for the sale aspect, the market has softened up a little bit for sellers, but some of that is time of year.

Once you do this you will start to see the correlation between different aspects of a deal.