Selling your home to free up capital and focusing on long-term rentals in more affordable markets is a smart approach, especially with a property management company in place.

This is smart, and it's part of RWs success as a franchise.  

Investing out of state could be a smart way to find better cash flow in more affordable markets.

Thank you in advance,Steven1) Yes LLC would be smart.

Here are some of the thoughts that crossed my mind during this time (and stayed around for the first year): This is a scamThis is too good to be trueThis must be illegalI could never do thisIt sounds too easyI don’t have enough money to get startedI’m not smart enoughI need a real estate licenseWhat if I mess up?

Of course, the smart ones will have agreements stating they are involved in due diligence, marketing, asset management, etc.  

Yes, leverage but do it smart.

@Brandon Morgan An LLC isn’t always necessary, but it can be a smart move for liability protection and separating personal and business finances.

💪Flipping in C-D areas is smart for avoiding long-term headaches, especially when it's not worth the upkeep.

Self managing is a solid way to learn the business, and it’s smart that you’re already setting up systems and tools.