Hi Christine, for a successful out-of-state investment, carefully research and select safe, high-demand neighborhoods in Memphis or Columbus, consider the potential benefits of duplexes for better cash flow, and engage a reliable property management company to handle local operations efficiently.

Select the better candidate.

I also use a website called cozy.co to screen all of my potential tenants.

An example problem statement that I may have stated (and built the software for) in 2003, when I started investing full time: Build a tool for lead generation that collects county records from the county recorder's office (and property card data), finds the recent first mortgage defaults  from trustees websites or public filings for properties that are between 1000 and 1700 square feet, in a neighborhood of 90% like-kind properties with greater than 20 parcels, houses built after 1978, that can cash flow at current rates when fully leveraged. 

My website needs to be updated but those are the homes I got from 2016 to 2019.

Also, check out out website easystreetcap.com to see testimonies from clients about their experience with us!

In short, I'll never do it again unless the relationship began as a business relationship that later evolved into a friendship and even then I'd be very selective.

I would recommend attempting to obtain the contact phone number independent of the number that the tenant provides, i.e. website of the property.

Check out this link and select "demand snapshot")That said, we've since the market cool slightly the last month.

We're advising clients to consider selecting a lower prepayment penalty to refinance if rates decline in the next few years.