This needs to be copied and pasted every time someone in an expensive market asks questions about out of state investing in cheap, stagnant markets.

You also want to look for these like/kind properties that have sold in the past 3-6 months within a .25 to 1 mile radius.This comes with practice so the more you do the better you will become at it. 

If you live in the home for 2 out of the past 5 years and move out of state you may be exempt from the tax.  

I'd really vet the developer, their past projects, talk to prior partners (GP & LP) to see how prior development deals worked out and how the communication was, etc.

I have a property currently in Plymouth and have had others in the past. 

Looking at this past week's CMI, it's interesting to see the buyer/seller positioning in the SE-ish area compared to the NW-ish area with rates high 6's in JanuaryStill bullish on W/NW future demand due to TSMC factory and other companies (dashboard snapshot below) but time will tell.

What also is interesting is that over the past few year I get yellow letters only once a quarter but from the same guys.

Quote from @Niranjan Sathish: Hello, I am Sathishkumar, have been learning about Real Estate through books and podcasts for the past couple of years. 

The Banderas Bay area (from PV to Punta Mita) has lots of potential with the economic growth and the tourism industry expanding north towards San Blas with over 30% appreciation in the past 3 years.

I've owned long term, short term and commercial (industrial) properties in the past, but never anything out of Province/State.Thanks so much!