I finally caved and went pro with my membership with the intention of being much more active here, I also decided it was time to join the only existing REAI in the capital district only to find out they’ve transitioned to a national level organization, and I’m afraid I’ve got enough national level networking opportunities here in the BP world, so where to next?

I'm not talking about the Expos and workshops, I'm talking about regular meetups like the REAI's.

If so, that is exponentially more challenging than staying local and will require a great deal of dedicated time to mitigate the high risk: researching sub-markets and neighborhoods in your target area, visiting the area (probably more than once) before buying, interviewing PMs, assembling team in your target market, connecting with local investors (joining the local REAI is a good start), and building processes to monitor everything effectively from a long distance (which might require instructing your PM to customize the information they provide to you).You are really going to need a very trustworthy associate in your target market to make sure you don't get screwed over, especially on the rehab.

It seams that everyone is an expert with the markets best system.The way you learn a new niche, is Network; at REAI meetings or sites like this, and find somebody that is doing what you want to do and ask them how they are doing it.

Definitely jump in to our local REAI's, connect with other investors and tell everyone what you're doing.The big REIA's in town are: CFRI and GOREIA.

Keep in mind that many of the folks are REAIs are newer investors and may be looking for the same thing.

The LA REAI is also good that @Walter Roby jr recently attended and they have great speakers like Michael Quarles and it's free.