You'll have to read it to hear the whole story.

There are more passive ways to invest in real estate than "turn-key" real estate and achieve those types of returns, but you will need vet the operators and get educated before jumping in.

New Britain is where you are going to get the best ROI like you mentioned and this is because as a whole there are more areas within the city where qualified tenants are looking to live and the purchase prices are lower while still maintaining competitive rents.

Again, read what I actually wrote, the whole thing, it's got every detail. 

Hopefully, this is a useful example of what’s achievable with out-of-state investing, even with no local connections. 

This project taught us the importance of being flexible and willing to invest more when necessary to achieve the best possible outcome.

This project taught us the importance of being flexible and willing to invest more when necessary to achieve the best possible outcome.

That's their whole game!

Depending on what you are trying to achieve, there may be some other lenders I could suggest. 

If you are too busy to go see a whole bunch of properties in person, meet PMs, and help with getting your first property stabilized... you may want to wait until you have more time.Not trying to be negative, just realistic.