@Adam BarakatInvesting long distance requires specific attention to various factors like understanding the local market, cap rates, rents and other critical information.Do market analysis on current rents, potential rents, appreciation, etc.You need a team of local professionals like property managers, contractors, agents etc.A local Investor-Agent can help shorten your learning curve and save you a lot of headaches as they tend to understand the market better.Dos and Don'tsBuy in an area with some similarities to the area where you live, such as climate, demographics, or property age so that you have some idea of what you're dealing with.Don't buy a high-risk property.

You can find good deals no matter what the climate.

Data from June 2022 shows a 4% increase in the percentage of people who voluntarily left their jobs compared with one year ago.With rising costs of living and a nationwide climate that is responding to the pandemic’s impact, some markets are better for those seeking new opportunities or looking to grow their careers.

Climate controlled self-storage.

Climate, population, stress level, schools, recreation opportunities should all be considered.

@Joseph Z.Get in touch with a local Investor-Agent as they can help shorten your learning curve and save you a lot of headaches as they tend to understand the market better.Investing long distance requires specific attention to various factors like understanding the local market, cap rates, rents and other critical information.Do market analysis on current rents, potential rents, appreciation, etc.You need a team of local professionals like property managers, contractors, agents etc.Dos and Don'tsBuy in an area with some similarities to the area where you live, such as climate, demographics, or property age so that you have some idea of what you're dealing with.Don't buy a high-risk property.

Also, I rented it for a period of time and learned how frequent repair requests from tenants can add up, especially in a cold climate area prone to pipe freezing.

We are primarily in climates with change of seasons so we will have it maintained in spring and fall, but for the ones we have in areas with consistent weather, we still get it maintained every year. 

With so many investor boots on the ground attempting to navigate this unhealthy housing climate, I’ve taken a 30,000-foot view and summarized the core drivers of today’s housing shortage.Housing supply consists of 1) existing homes and 2) new construction, and both sectors have experienced dramatic inventory downturns.Starting with existing homes, as they account for ~90% of homes on the market, below are 3 reasons why the supply of existing homes has remained so stubbornly low.1.)

I am choosing this based on the climate of the current market.