You picked a great community to join.. have you checked out local comps to gauge the market vibe yet?

It might take a large financial institution with capital for “brainpower” and marketing, and financial and reputation strength to design as well as create a trading market for this type of security. 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

I am currently a junior business marketing major with a concentration in professional sales at Samford University.

If have investment property, we are looking for relatively updated units (we are ok doing some work ourselves), class C+/B tenants, with rents either close to market rate or that can be increased.

Very communicative, hands on, and thorough with their property management.As some additional context, I own a few rentals in different markets and Michele's team is top notch compared to them.

The financing will then dictate which markets are and aren't within your budget.

How true is this, and how could that affect my real estate strategy if I were to enter the Texas market as a Washington State resident?

STR seems to have better tax benefits (in the right market) but is it worth it at a distance ???

So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.