Not to mention the tax benefits it allows. 

I am always on the lookout for off market properties around the Sacramento area.

Where are the best markets to target in and/or near NJ in 2025?

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.

You are (older/retired) and could benefit from house hacking and buying a duplex, or renting a room.

If have investment property, we are looking for relatively updated units (we are ok doing some work ourselves), class C+/B tenants, with rents either close to market rate or that can be increased.

STRs also avoid automatic classification as passive if rented for seven days or fewer per tenant.To maximize tax benefits, maintain detailed logs of all hours worked on activities like tenant communication, cleaning, maintenance, and marketing.

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

I know a young lady that just did that in my market, so she was licensed just days after her birthday.What are you planning to do with the license?

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.