I had a second one but sold it in 2024 and invested it's earnings in the stock market and so far so good.Anyway.

Before committing, I’d highly recommend researching demand in your target area and connecting with operators who already run similar rentals there.A tiny home or glamping concept could be a huge hit in a market where it’s fresh and unique, but in areas where it’s been done before, you’ll need to bring something innovative to stand out.

My custodian does not have a money market or similar sweep account to keep idle cash earning.

Best of luck to all you out there.How much did you pay for these 3 buildings initially and how many years did it take you to earn the money to pay for them?  

There are many reasons we transitioned from NY to TN:Taxes: Tennessee's tax-friendly environment means we get to keep more of our hard-earned money.

Quote from @Elaine Ericson: Thanks but as I mentioned in post she's a Real Estate agent and she is paid a commission based on sales and does not earn wages. 

So, the question is not whether to invest remotely, but where to invest.Investment TeamRegarding properties in distant cities: While books, podcasts, seminars, and websites offer general knowledge, you'll ultimately purchase a specific property in a specific location—each with its own unique conditions.

In real estate, having the right team is everything, and his community provides that.What’s really unique is how hands-on he is.

I’m not sure who you were working with, but I’d love the chance to chat and earn your business back.We aim to keep things straightforward with commonsense underwriting.

We let them invest in these homes with us by allowing them to buy a % when they collect/earn enough money.