Finding a good PM will cover your concerns on managing the rental from OOS and a good agent should be able to provide you with their network of deals, including on and off market opportunities. 

Hi Joy - Service animals can’t legally be restricted due to landscaping concerns, but you can include a note in your listing to inform guests, such as:"The front yard has decorative shells, and the backyard is turf.

My concern is more in the legalese of the deal.

Buy the property, lease it up and refinance.One thing you’ll want to know about the credit facility is not necessarily the margin call parameters, which I wouldn’t be concerned with if there is a significant amount of equity in your investors securities securities portfolio, but what are the other terms?

Now, let me break this down step by step to address your concerns clearly.Let me break this down step by step to address your concerns clearly.Honorable Mention: In the idea, buying income rights is comparable to purchasing dividend-paying stocks.

I'm not concerned about his being able to make the payments and trust him to do so. 

In fact, your feeling overwhelmed is because you don't know how to solve the issues that concern you YET. 

Thanks Jeremy.I'm going to leave my w-2 job and focus on my health and shaking off the burnout I've been feeling. 

I’m new here and just starting my real estate investing journey this year.I live in NY but am looking to purchase multi-unit properties (4+ units) in a growing market outside of the state.Here are a few concerns I’m working through:As a newbie, is it a good idea to buy a property out of state?

I have liquid assets and want to make smart, scalable investments that balance cash flow, appreciation, and low risk.GoalsGenerate consistent cash flow to diversify my income.Maximize appreciation potential for long-term wealth growth.Invest in areas with low crime rates to minimize risk.Reduce my tax burden for 2024 with real estate purchases.My Current ThoughtsI’m torn between two main strategies:Multifamily Properties:Looking at markets like Austin, Raleigh, and Tampa for 10-50 unit multifamily properties.Love the scalability and centralized management, but I'm concerned about high upfront costs and competition.Section 8 Housing:Considering affordable markets like Memphis, Cleveland, or Indianapolis to purchase 5-10 single-family homes.I like the government-backed rent stability, but managing multiple properties across different locations seems intensive.Key QuestionsWhich strategy would you recommend for my goals and liquidity?