Deposits from the tenant.Security deposits from the tenant in residential dwelling units shall be deposited in a trust account with a licensed and federally insured depository institution lawfully doing business in this State or the landlord may, at his option, furnish a bond from an insurance company licensed to do business in North Carolina.

Hi everyone,I’ve been doing a lot of research and am ready to buy my first investment. Originally I was planning on buying a multi family in the area I live in, but after reviewing my lease, I’ve found that I really c...

To your point, I still definitely believe investing out of state is a viable option.

I mainly want a site that offers advertising the property, online payment options, maintenance requests & at least a basic accounting aspect.Thank you in advance!

Like you, I thought property management was the only option but there are others and you need the right immigration attorney to help you because not all believe you can get an E2 as a real estate investor, but they're incorrect. 

The other option I potentially see is to partner with someone that has cash and/or better debt/income ratios and partner on the next purchase.

They tend to have worked with a lot of PM's in the area and can help you weed out the good and bad options. 

@Brock Bernall As a rookie House hacking is the best for getting started has the lowest risk and best profit for a low down payment option.

Based on what you all have said I think my best option for now is to put the multi fam under my LLC and keep renting the others as I have been.

These properties often come with fewer competitors, less pressure, and the potential for creative financing options.