If you're investing in another state, have your local agent act as boots on the ground and go scout the area for you and send you some live videos.

Eventually i hope to see Las Vegas stand on its two feet and not be severely impacted by casino tourism.Until then, i'll continue scouting of vegas and hopefully with patience and some determination i can land a good deal from a property!

Totally regionalin the two markets I am building new construction  Portlandia and Charleston SC  out of 60 or so homes built in the last 26 months.. all but 2 sold before I got C of O and closed with in 10 days of CO and for 99% of ask and or over ask.we are active in your market in the flips and they are moving well with profits on most all.looking at some new builds right now.. but smaller scale.I see some locals doing pretty good there just have to price right.. not everyone wants and INDY special vinyl village home for the cheapest amount possible.. cater to that edgy buyer looking for cool and modern designs close in.

They have gone out to each market and identified a few agents to be their "buyers agents" and scout for property.

Originally posted by "Anonymous":Hmmm...that link took me to a Girl Scout cookie story about a girl's father being ticketed for selling the cookies without a license.

I have formed a partnership with someone there who scouts the inventory, goes to auctions, and looks at shortsales.

Currently after a week of scouting the property websites like zillow, realtor, and trulia, we have found that in the lowest crime zones we expect to find a fully renovated 2/1 or 3/1 single family home for 135k, and we also found that in the 150k range some move in ready duplexes exist.

if you need 85-90% of market for the deal to have the numbers you require then I think you need to scout out off market deals.

Once you have that down, you can hook up with an agent (I am a licensed Realtor) to begin scouting the areas you want to focus on. 

I decided that I am going to go for it, but chose to start with being a property scout.