Depending on the investment and your current knowledge, this can take from 2 to 20 hours of research.2, Spend $400 - $600 for 2 hours consultation with an attorney who specializes in real estate IN THE STATE that the underlying property is located in.3.

Let the professionals do this properly to not have to worry about breaking your title insurance, or at least ask your closing agent if a Quit Claim deed will void your owners title. this could be different in each state. #5.

In addition there are areas in Los Angeles that have stricter rent control than the state wide rent control.  

It helps if you pay someone, usually an attorney, to be the manager of your LLC in that state.

For example, laws vary from state to state so knowing where you are talking about makes a difference.

Mike licensed Mortgage lender who can do residential owner occ loans is what a RMLO is.they are tough to find because most work for a broker that will not allow one offs.. when I was current with my RMLO license I thought about setting up for this business but too much work for to little money.RMLO needs to be a state licensed mortgage lender and NMLS registered to do owner occ loans. 

Our team works with a lot of out of state and out of country investors and most state that Pittsburgh is one of the best markets they invest in due to the more predictable nature of our market (we don't have the bubbles that many of the larger cities do in regards to housing surges and bursts).

Overall, I’d love advice on the ideal timeline for finding team members—like a general contractor and property manager—for an out-of-state investment. 

I look at about 1,000 properties a week so I know what is out there state to state.

Steel fire escapes have been banned in many states. 2.)