However, I don't want to introduce additional complexity about paperwork and confusion on banking and accounting.

A local condo that you can easily check on might be a good way to learn the ropes of being a landlord without adding the complexity of long-distance management.Out-of-state investing, especially in areas prone to natural disasters like hurricanes, comes with additional risks.

In addition to finding investors, you'll also need to find other syndicators that you can co-GP with until you're able to raise capital for your own deals.4. 

They were grandfathering current hosts in and allowing them to add additional properties on the subscription plan.

Also, when we signed up, the sale agent didn't give us a hard copy of the contract and didn't disclose all the fees that involve with city.In addition, I also found out from my research and from my brother in law, who recently purchase a home, that the hero program is not what it seems.

If you need any additional informations about any of these areas don't hesitate to shoot me a message. 

However, those reserves are often most needed in the first year and not having sufficient reserves can put a deal in a bad position and that's where additional risk is created. 

Happy to be an additional resource for you & good luck with your REI journey! 

ADUs can provide additional rental income, which can help offset mortgage payments or other expenses.Extend your homeowner's insurance to cover the ADU.Be prepared for potential increases in property taxes due to the added living space.Given that your property is not in a dense urban area, make sure to check specific local regulations as they may differ from city regulations.

. - Tenants are incentivized to not damage the property (can lose their voucher if they are found liable)- In my experience, tenants tend to stay for longer periods of time rather than non-section 8 tenantsCons- The unit is required to meet a certain standard and pass an inspection prior to tenant occupying the unit - Tenants tend to have a lower credit score than most landlords were prefer Happy to connect and share my experiences as an out of state investor and share some additional tips.