Got a townhome in suburb area of Houston for long term rental close to katy mills (<5miles).

Try to rehab a house 2,000 miles away with no money as a beginning investor.I basically had to run a pyramid scheme in order to finish this project.

Quote from @Srikanth Kumar: Hi Everyone,I’m relatively new to long-distance investing and am exploring the purchase of multifamily properties in Cleveland.

The unit is within blocks of Harvard University and a billion other universities are within a few miles.

Hello everyone! My name is Dillon Seal, and I’m excited to join this vibrant community as a new real estate investor. I am keen to learn from the experiences of seasoned professionals and collaborate with fellow inves...

Is it more profitable than long term rentals?

There are new construction homes about 2-3 miles away going for 190-200,000 but I think they may be a bit larger than what I am building.

First off, apologies if this post is too long or has too much information for a first post, I am just trying top get as much put there in hopes it connects with as many people as possible.About me.. 

Purchase price: $320,000 Currently have a long term renter, the rent pays the mortgage and other expenses but provides no cash flow.

LTRs with long term conventional financing and standard management aren't really cash flowing anywhere right now. sure, there are lower cost markets that look better on paper, but there are costs associated with those supposedly cheap markets as well - deferred maintenance, more challenging tenant base, higher cost turnovers as a percentage of the rent.2. i wouldn't pick a random market thousands of miles away based solely on statistics or numbers.