Examples include Austin, TX or Raleigh, NC.Tertiary Markets: These are even smaller cities or towns, often with specific economic drivers like a university or a major employer.2.

The reason l'm looking into the Greater Boston are is because l'm from around the area(Belmont, MA specifically) and New London is relatively cheaper to get started compared to Boston from what l have seen. 

@Charles Kahl What type of services specifically?

Lenders typically require at least 15-20% down for multifamily properties, depending on the specifics of the deal.

This is a Chicago landlord problem, regardless of if the ordinance affects your specific area.

Are you currently analyzing any specific deals or markets?

I am looking to focus my investing on the commercial space specifically value add apartment complexes.

Quote from @Robert Smith: First time post, apologies if in wrong spot, this seemed semi-appropriate.Wife and I have 3 rental properties and 1 home, all in CA. 

Specifically, the the loan guarantors need to have controlling ownership in at least (i) 3 multifamily properties [with the first acquired at least 2 years ago], or (ii) 1 multifamily property that has been owned for at least the last 5 years. 

So, the question is not whether to invest remotely, but where to invest.Investment TeamRegarding properties in distant cities: While books, podcasts, seminars, and websites offer general knowledge, you'll ultimately purchase a specific property in a specific location—each with its own unique conditions.