@Laura YelinI’ve never been, but when considering new markets I usually just fly there and spend a few days there scoping it out.

I mean there is so much to scrutinize here we could spend an entire afternoon reviewing the actual deal let alone the financing.I wish you luck either way man.  

You will spend lots of time checking the quality of their work, from TAXES, to the most mundane administrative work of Registered Agent services.

I took the next 5 months to tackle everything myself spending approximately 17k in supplies and tools + paying a plumber and roofer 4k total to fix those issues.

There are a lot of inconsistent contractors, so really spend some time vetting them. 

Spend time where sellers and brokers gather.

The more time you spend talking about other options and try to build up the negatives, the less time you are spending on what you fell are the positives of your own idea.If you believe that you are onto a great idea using L2P option contracts and forming partnerships where someone else provides 100% of the money while you provide 100% of the real estate-related functions, then start it up and make it work.  

I am excited to get started investing in real estate in out of state Long Term Rentals.Outside of real estate, I enjoy spending time with my kids, as well as mountain biking and other outdoor adventure activities.Excited to learn and connect with you all!

Monitor your spending habits to make sure you’re consistently putting money aside for both the short-term and long-term costs of real estate. 

The entire focus is on new people because they spend on more.4.