I am investing out of state, I am from long island and work in NYC.

Real estate investing can be an effective way to build long-term wealth, and among the various strategies, one has gained significant popularity over the years: BRRRR.

If this property is hard to rent, or is functionally obsolescent (only 1 bathroom, no yard, etc), or has deferred maintenance that will be costly, or is in a location that is not appealing to Tenants, then maybe a sale would be a good option in favor of a property that has better Tenant appeal, which will likely increase rent and avoid long vacancies in between Tenants.An option to consider....

This gives investors some time to complete a rollover and, in some rare cases, can be used as a source of short-term liquidity.Unfortunately, inherited IRAs are not treated as your own and do not fall under the 60-day rule.

While I help people find their dream homes daily, my true passion lies in real estate investing and building long-term wealth.

The title says it all - I am trying to find and talk to flippers in the Colorado Springs area.

I would like to build several (2 - 6) "shipping container" type homes for either short, mid or long term rental.

So as long as someone gets realistic with the TRUE cost to  own and maintain and the numbers work it can work but I am a big proponent if your going to have these types of assets they need to be paid for to really enjoy any financial benefit.lastly I can say the same thing about new builds.. over the long haul unless there is REAL appreciation more than just 2 or 3% if you sell within say 10 years your going to be lucky to break even as your going to have to spend 20 to 30k making the houses fresh again to get top dollar a 10 year old rental is not going to bring top dollar and the value at that point will only be what an investors will pay for a given cash flow..

I'd like to shoot a long shot of hoping someone knows someone or can help me in any way.

Current Market ConditionsPhoenix has long been a hotspot for real estate investors, particularly those interested in fix-and-flip projects.