Based on your description, Party 1 seems like the safer choice.

David,Yes, investing out of state can be a wise choice especially if you live in a State like CA, NY, NJ, CT where home prices are over priced and taxes are brutally high.

I wanted a truly hands-off, white-glove experience and, after extensive research, REI Nation seemed to be a reputable choice based on investor feedback.Fast forward to today—I now own multiple properties with them, and here’s my candid review.The GoodCrisis Management:My first property with REI Nation came just before the infamous three-year rollercoaster.

be smart make the right choice

Those landlords that choose to artificially subsidize communities via suppressed lot rents do not generate sufficient reserves to set aside for inevitable capital improvements to the community’s infrastructure and aesthetics.

At the beginning, it may be difficult to get a more expensive property that will appreciate well and so your choice is go with the cheaper property and get cash flow until you can sell and upgrade, or wait for a really good deal which you may be waiting for quite a while and its possible that you will have spent so much time waiting that you could have purchased multiple cash flowing properties by the time you get a good appreciation deal that you can qualify for / refinance after the rehab. i know anyone can go out and get seller financing deals, HML, flip to build capital or whatever the case may be I am just saying sometimes those will be harder and could result in less deals overall. 

I had little choice since I was financing out of a construction loan that had little time before a ballon.

Depending how much of the neighborhood is a hot zone for renting rather buying, and which Property type is performing better than the other (meaning 1bd 1ba 2 floor renting out faster and much more consistently than a 2bd 1ba 1 floor), you can make your choice of those factors as well as other ones that impact your decision for what you wanna do with your investment.

So, factor that into your thinking about whether its the right choice for you. 4.

If I'm staying one night somewhere, a quick business trip or something into Denver to show clients homes, a hotel is my choice.