Also any recommendations on any learning docs available to understand SDIRA betterThanks Is there a reason they have to be local?

A good lender should understand that.

Thanks ChrisIt would great if you could help me understand the type of data analysis needed and if you need such service which I can be of help.

So to understand why I would do what I'd do if I was starting today, I think its important to understand what I did do. 

Some quick googling suggests the answer is yes provided I don't rent it out more than 180 days for the first year, do I understand correctly?

Even someone like Brandon Turner is less and less involved in his syndications, so there's an increased risk that his syndications will not be run with his original values in place.

I typically look at Zillow, centimeter and BP to get a full understanding of what rents are in the area to get the best estimate of what a property would rent for. 

@Shaylynn O'Learyi understand the frustration of living in a high cost market and looking at the appealing price points in those other markets. 

Many people start out active because they want exposure to real estate and don't know that you can start out passive - you can effectively hire the asset manager and supply capital to the investment.You can have great success as an active or a passive investor - but it is important to understand the difference and to select whichever option matches your skills and resources the best.Good luck!

Then you have someone who understands the investors goals well and the technical experts really working together effectively.