Quote from @Alyssa Dinson: Hi everyone, I live in California and have been meeting a lot of investors who prefer to invest out of state due to California being so expensive as well as the aggressive tenant protection laws we have here.

@Denise CarringerMy preference is to go local - some community banks offer this type of service or local escrow companies, which is what I found, because they offer a higher level of service than most national.

The proper answer is "it depends" I don't know anything about your case.I do prefer simple over unnecessary complexity.

I am with Nabers and would prefer to move to a platform that provides robust book keeping and filing services. 

For several reasons (property taxes, politics), I would prefer to begin real estate investing somewhere other than locally. 

They are too much of a gimmick and most tenants prefer to have the bottom-line expenses.

I'm new the notes world and frankly the 3-year locked in PPR preferred return of 12% seems almost too good to be true if they in 16 years have never missed a payment or failed to repay principal.

This cultural preference for renting creates a steady demand for rental properties, ensuring reliable cash flow for property owners.Additionally, many Germans face a significant shortage of affordable housing, particularly in major cities like Berlin, Munich, and Hamburg.

After a few additional email interactions that same day, your DoC stated "I do not have an answer for you.

Then, each person with money in the deal would get an 8% preferred dividend until they get all of their money back.