Making matters worse, 99.9% of individuals on BiggerPockets who want to buy in distant markets do so because the entry cost of doing business is lower.

I hadn't read the Baltimore story before...wow.Hi Sathiya, some thoughts: - attend in person meet ups in the Boston area to talk to other investors who buy locally and out of state to get their feedback and maybe consider looking within a 2 to 3 hour drive. - cash flow is difficult now with long term rentals even if you pick markets that have lower purchase prices than Boston.

The promise for the prospective agent to represent every flip from the buy side to the sell side is only as valid as the agent's due diligence and work ethic, and trust would need to be built in the process. 

You want to buy apartment buildings in the ghetto and turn them into Condos?

Where do you expect to receive the money to buy out your "partners" in these companies as you drive returns into the ground? 

Buying a property under general partnership with 2 other friends.

It's a great way to buy and sell. 

The point of the contract is to provide value to both buyers and sellers and  this deal saves the buyer over $1M in interest and easily $100k in furnishings while getting the seller their full equity and saving buy side/sale side realtor commissions.

The problem with selling to another investor with the high interest rates it will no longer cash flow so nobody wants to buy it. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.