@Alex Ng  Not sure if you're local to Birmingham, Alabama, but if you're an out-of-state turnkey investor, tread carefully.

But I recently purchased a triplex in Tucson, Arizona, which I plan to manage from out-of-state.

I had the impression that you were just scouring the map on Zillow, saw homes for $65k, and thought it was an out of state market worth pursuing. 

Keep in mind the occupancy limits in the different states here. 

As a Banker I usually get my customers approved for their construction financing and then offer a builder who we already have approved in that State/County.

I live in Manhattan and I invest out of state.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

., Mexico, Costa Rica) for diverse, stable cash flow.Invest in Multi-Family Value-Adds: Consider multi-family properties in growth areas like Texas or Florida where rehab can increase rental income and appreciation.Leverage Trusted International Partners: For global investments, work with local agents familiar with foreign buyer regulations to streamline acquisitions.Use Property Management for Scalability: As you grow, property managers can handle logistics, especially for out-of-state or international assets, so you can focus on new opportunities.For specific market insights or connections, feel free to reach out, I’d be happy to help.Best,Drago

I'm an out-of-state investor but specifically invest in Akron Ohio (your backyard!).

Especially in Connecticut, a state in 1 Billion dollars of debt, it's hard to imagine companies being excited about moving into the area.