With 20 years of experience under my belt, I’d say relocating to a market with strong growth potential is a great move.

As a lender myself, ground up is particularly difficult to get done without direct experience under your belt. 

But usually you need to build a reputation and have some deals under your belt before someone (other than family) will trust you with their money.

If you have a few rentals under your belt out of state and are familiar with how your team operates then I would dive into doing some value add deals as long as it's not down to the studs. 

Welcome - have you gotten any properties/projects under your belt yet or brand new? 

Maybe consider a partnership down the road when you both have some experience under your belt. 

@Dan N.These types of strategies is like building a conveyer belt between your home and your neighbors in order to borrow sugar from your neighbor instead of just walking there, knocking on the door and ask for sugar.Making these overly complex strategies for real estate really adds zero benefit and just costs you extra money in the long run.May I ask why you need such a complex structure ?

However I really agree with Mathew on this.. there are thousands of houses in every big city in the mid west and rust belt. these are less than replacement costs..

I am a new investor in Central Ohio with 3 doors under my belt .

The core market (hole of the donut) is booming and lots of young people moving to the city center and new apartments, condos, restaurants, amenities etc.Alot of the sun-belt is experiencing alot of net-migration...versus at least some cities in the Northeast not so much.