So we think flood insurance on this one is a wasted expense each year, and can go away when we are no longer tied to bank financing.Screening and vetting: As with every property, vetting good tenants is essential to success.

There are big names like AC Ramos out of Houston who is SUPER successful!!!  

I’m here to help you navigate your first project and make sure you’re set up for success

I had followed Cris Chico's success with virtual.

New Mexico has an unfortunate law against prepayment penalties for DSCR Loans on 2-4 unit multi that requires higher rates, but they don't apply to 5+ and I've seen some people have success with that size range in NM

I'm looking to connect and surround myself with locals who enjoy sharing their knowledge and experiences, and remember what it's like starting out (especially if you've successfully taken this approach recently).

We try to set people up for success day 1, but often they don't listen.

What are the major pros and cons, and tips to making it successful out of state?

I might be wrong, but it seems that many in real estate failing to learn from Silicon Valley's success.

It's been successful thus far and I plan on doing it again until it's not.