However, depending on your loan type, if you put less than 20% down, you may have PMI (private mortgage insurance) which will make your monthly payment higher by up to a couple hundred dollars.

Currently, I live in Hawaii, house hacking my own property, and am looking to expand into out-of-state long-term rentals.My goals now are to master the art of wholesaling, continue raising private money, and build a strong portfolio of long-term rentals.

@Nathaniel C.I assume you have put them on notice.

I've noticed that the discounts tend to be pretty decent when compared to the actual cost of renovation (not flipping status, just better in general).3.

However, I’ve noticed that larger homes (3-4 bedrooms) tend to have difficulty renting as MTRs since most MTR tenants in our area are traveling healthcare professionals, typically renting solo or with one other person.

I feel like my best route to getting started is by working with partners or private lenders given my current available capital.

Dive into syndications and private placements as a passive LP partner.Birmingham was my first out-of-state investment experience, so it holds a special spot for me.

Texas is exploring several public-private partnerships to tackle housing affordability, especially as demand outpaces supply.

I think many can be easily overcome like finding an attorney and contractors in the area, but the most interesting challenge I can think of is how to hire someone to deliver late payment notices one day a month.

Have you noticed any particular areas or property types in Vegas that perform best for MTRs?