It can be done ethically, but you need safeguards to confirm mortgage & possibly property tax payments made on-time, as well as insurance with you protected.- Also, you need a legal way to take back the deed if buyer defaults!

Have invested in ABQ with first purchase in 2020 - and that was based on my knowledge as a film/TV friendly area and affordability.

Have a client interested there as well as myself and just wondering how it's going! 

He's lived in Japan a few years as well (Fukuoka, I believe).

I grew up in the land bizz  currently building out a 75 million dollar housing project in Oregon that I own and developed  I bought the dirt  7.5 mil cash and did all the horizontal in 3 phases about 2 mil per phase for development costs ( these were bank loans) then same bank gave me vertical loans and well we are down to the last 17 houses of which I have 11 presold and closings every two weeks for the next few months ..

If you have a lot of family in OK, that can be a great place to start assessing since you have dedicated boots on the ground, as well as a reason to visit.Don't overthink the analyzing of markets when you are still figuring things out.

These things happen, just make sure you document as well as possible.

Since I'm not a pigeon forge local, I also don't have a good feel for the appropriate cost of goods and services either.While I don't necessarily suspect anything nefarious from the management company, I don't now that our financial incentives are always well-aligned. 

Just because people gotta eat doesn't mean any place selling hot food will do well. 

Do they have to go through eviction processes as well?