The pitfall you want to avoid in this scenario is that, even if you have some success, ask yourself if the success was due to luck or your skill.

Understanding how to uncover the potential opportunities by solving the seller/owners problem then engineering them to profit takes time & skill. 

@Ryan Cummings Do you have any construction skills yourself?

I definitely do not condone doing work illegally, however as a country we also have a huge housing issue (and skilled labor issue as I am sure you know first hand).

Maybe it’s because he gets to use his drafting skills 💁‍♀️.

So I trade risk related to out-of-state investment, with risk to hold huge leverage in over-bloated market in tenet friendly state, but I am losing opportunity to build a skill-set of out-of-state investing which will help me to scale faster and be flexible in the future.If we buy cheaper house but further from the city, we will spend a lot more time in the commute(3 days in the office mandate), in this case we will trade time(commute) for money(affordability) it makes it not an investment, but another work.

Depending how much you earn you can step up those savings by getting a side-hustle in any part of real estate....working for a top Real Estate office on weeknights and weekends, working for an RE Investor, working for a General Contractor and learning a few skills, etc.

Learning to manage tenants, property managers, and projects is a whole other set of skills.

Absolutely, the success of this investment was greatly facilitated by a team of skilled real estate professionals.

Our aim is to leverage the skills and discipline we developed through service to build a successful real estate portfolio.