Im an out of state starting out investor. 1. on the realtor contract when renting property Is anyone concerned with words used like “otherwise”?My understanding of it means anything can be applied in its place.2. When...

More context: My husband is from the Midwest and friends & in-laws are sprinkled throughout Iowa, N.

It's tricky every country has its own rules, regulations, eminent domain laws, corruption sometimes, different types of property taxes and becomes challenging even if your duel citizen.

Its possible, but maybe not likely and your state's laws may differ of course. 6.

This helps in setting the right rental prices, finding quality tenants quickly, and understanding local laws.

I know someone who has a brother whose second cousin’s in-law got into real estate and all they dealt with was tenants, toilets and taxes.”

Here is an example of a recent project I was able to fund.Purchase Price- $35,000Rehab- $30,000Arv $100,000We funded $25,000 @ purchase and $30,000 for repairs for a total loan size of $55,000.If you're living in the midwest I think that there are great opportunities to purchase 2 to 4 unit properties and rent them out I would stay out of Illinois the tenant laws are not favorable to you as a landlord.

I know CA has a lot of rules/laws but in FL to start out I would incorporate, get EIN, get banks set up and then you are in business.  

The thought by joining is to get updates on local laws, disclosures, and overall market conditions.We know that markets are hyper local, so having knowledge as to what's happening might be beneficial to how we invest.

My brother in law is in Lenoir north Carolina , not far from all the damage .