I completely agree that you need to put your focus on the sponsor...track record, team, technology, property management, acquisition management, debt structure, etc, and especially skin in the game. 

Toward the end of my time in the Army, I switched again to Information Technology.  

Usually it does not stay this way for long, and then they either raise their prices or fire you.Many CPAs keep their rates low by relying on technology and outsourcing.

Leveraging technology and building a reliable team on the ground (property managers, contractors, etc.) are crucial when you’re managing properties from afar.Feel free to reach out if you want to talk more about specific US markets or strategies!

Networking with other investors can also provide fresh perspectives and new ideas, as sharing experiences often leads to innovative solutions.Additionally, leveraging technology, such as CRM systems, can help streamline lead management and follow-up processes, ensuring no potential opportunity is overlooked.

Focus on building strong systems, leveraging technology, and networking with the right people, and you’ll be off to a strong start.

I do believe that, because of technology (on line deed information and ability to filter such) and higher interest rates, we will see more acceleration of loans due to due on sale violations than in the past.  

The technology is there, but it is hard to find hvac installers in Chicago who "get it" since heat pumps are not common here yet. 

@Kevin ForsellThis is a contrary opinion but I would in 2024, with the technology we have accessible, investing OOS is totally doable.  

By partnering with local businesses, offering flexible leasing options, and leveraging technology, these strategies can attract potential tenants and maximize the ROI on properties, even in a competitive market.Good luck!