Our first year out was crazy good renting for $3300 when market rate was around $2100, but by mid 2023 and 2024 it felt harder.

Are there any particular markets or investment strategies you’re leaning toward?

There are a lot of affordable properties in Knoxville, but the growth isn't terribly vibrant and the deman isn't what you'd expect for a city of that size and that close to the Smokies - you're mostly looking at college rentals for the meat of the move season, and the SF market, while it exists, doesn't really compare to Chattanooga. 

Investing out of state in the KCMO area sounds like a smart move; it’s such an interesting market with plenty of potential.

STR seems to have better tax benefits (in the right market) but is it worth it at a distance ???

Hi Jamison,Kansas City is a fantastic market for someone with your skills and background!

The secret to dominating the world of off-market acquisitions isn’t about delivering a slick pitch or being pushy—it’s about becoming the trusted, go-to problem solver that sellers want to work with.

Insurance is something you don't need until you need it....In my market the city requires a certain kind of policy in order to have your permit issued. 

So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.

In our market (New Orleans) cemetery tours are very popular.