Having a reliable local team, including a property manager and a realtor familiar with the market, is the best way to avoid high-crime areas.If you’re leaning towards Richmond or have more questions about the market here, feel free to reach out.

If I was local to the property I would be more okay with it rather than if I was investing in older in a different state.

Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.

Have you tried calling the local police department, or sheriff's department, or the Texas Rangers depending on where this theft took place.

@Kash Tacke I'm a big fan of ADU's in general especially here in the mid west, yes you could potentially be on the front of the wave, but housing density is the solution to the affordability issue, anytime you are investing with affordability in mind is a great strategy to me, and sound like there are some incentives or at least supporting winds form the local city, that in itself seems like it would be worth at least approaching an architect or contractor to bid up some plans or concepts to take tot he city.  

I had a real estate agent here local that probably sold 15 or so of our properties over a number of years.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

I also always keep my rent increases in line with the local market, so sometimes I'll have tenants threaten to leave sometimes, and once they do their research they realize that it wouldn't make sense at all to find another property and end up paying the same thing.

I'm an agent and investor in Phoenix so would love to get on a call and discuss how I decided on becoming an agent and give you any insight into the local market!

Of course, happy to connect you to local agents if you want to explore possibilities.