Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.

If anyone has tips or tricks I am open to hear them.

Chris,For non owner occ loans in CA or commercial loans if you wish to pool investors one way to do it is through a CA RE Broker who can legally fractionlize a single property into 10 or less co lenders as to thier % interest in said loan. 

Talk to local money folks, property sellers, and those who look after properties for tips.

I want to make the best ROI using my FHA loan, and want the multi-unit to be move-in ready.Any tips?

Would highly appreciate any help/tips!!!

- Investing with a Friend: Tips on structuring partnership and legal/financial considerations?

TurboTenant, you just shrank you the property options pool for your money making prospective tenant pool. 

Here are some tips for networking and making the most of your account. 1) I'd fill out your profile fully before you do anything else!

Any tips would be great, thanks!