Amazingly, it was initially a lot of the non-native local folks (transplants) who saw the most potential and opportunity in Augusta.

Navigating these from a distance can be more challenging.Market Risk: You might not be as immediately aware of changes in the market dynamics, and reacting to market shifts can be more challenging when you're not physically present.Travel Costs and Time: Visiting your property or dealing with issues may require more time and resources, especially if it's a considerable distance away.In summary, investing out-of-state offers the potential for diversification and higher returns, but it requires careful planning, reliance on local experts, and a willingness to adapt to different market dynamics.

As natives ourselves we are looking forward in more endeavors with long term rental investments in the near future.Appreciate the heads up, the property was originally used as an STR and we were able to have the STR permits reestablished with us as soon as we closed. 

@Robin WatersHey Robin,I’m an Asheville native, investor, and local agent.

It wasn't some great job with matching 401ks that put families into covered wagons just to fight native Americans... it was dream of property ownership. 

I was a California native but found the barrier to entry too high to buy something.

@Lucas Koster Good to meet a South Carolina native on here!

Hey Victor, I am an agent here and SLC native.

I'm a Buffalo native who moved to the Sunshine State five years ago.

John:As a Detroit native and real estate investor, I will share a word of caution.