Let's say you already used the tips above but you really want this nice yacht you've been looking at buying but you want to buy it with a loan and you only need to show $5000 more a month in income to buy it.

The internet makes the world very small.As far as buying out of state, one challenge I did not see any other replies mention is your occupancy. 

Because they buy into the dream the guru promotes?

I don't think anyone predicted that.I've always thought for rentals it's better to buy a $250,000 house and hope for the chance it goes to $350,000 than buy a $500,000 house hoping it goes to $750,000. 

Buy gallon freezer bags.  

Here’s why lease options are a game-changer:🔹 Low Risk, High Leverage – Instead of buying a property outright, you lease it with the option to purchase later.

They’re buying themselves a job.

The biggest question you need to ask yourself is if you are doing this to afford a property you otherwise couldn’t afford or to save money period, that will lead to very different conclusions about where/if to buy. 

Investment Info:Single-family residence buy & hold investment.

Don't buy in the hood.