However, have no misgivings about cheap brokerages - there are a million and one different claims that "for only $x or Y% of your sales you'll get the moon and stars" and the financials behind those claims show them to be false, every time.Go out there and get it, Josh!

I am curious what criteria others are using for selecting their out of state properties.For me:- Landlord friendly states- Growth in the area based on census data- >2 star neighborhood rating- >4 rating on schoolsHistorically, my strategy has been buy and hold, let the property appreciate while the tenants pay the mortgage.  

I just got hit with a damn 4 star because “the neighbors were shooting off fireworks” Were you expecting the location to be OUTSIDE OF AMERICA?????

Last I checked they are around 2 stars.

They recommend shooting for the stars and if you land on the moon, that's not bad. 

Best ROI would be offer tenants a buyout/ cash-4-keys, get a rock star agent in who knows how to drive buzz and excitement not just list a property (I suggest looking for Realtor designation P.S.A."

I’ve always heard on tv that the “stars” of the diy rehab shows say “ I started without using my own money” and would love to know how that is possible and even if I have to put a little bit of money out to get started!

Running a 5 star vacation rental can be expensive.

Its also important to work with someone who can steer you away from a poor to average deal when you have stars in your eyes for a property.

Purchase price: $700,000 Cash invested: $18,000 Beautiful Four separate 3 bed 2 bath, 1567 Sq Ft, ICF, 6 Star, concrete in-floor heating homes.