Every investor has their own path, and hearing different perspectives will only enrich your journey.Challenges in Real Estate Investing:Finding deals: In competitive markets, it can be tough to find good deals that make sense financially.Capital and financing: Finding funding, especially as a new investor, can sometimes be challenging.Dealing with tenants: Managing rental properties and dealing with tenants can be tricky, especially with issues like late rent or property damage.Market risk: Real estate markets fluctuate, and external factors (like economic shifts or local development projects) can impact property values.I’d be happy to continue the conversation if you want to dive deeper into any of these topics!

I’m not looking for a completely passive approach, even though I’d be managing it from outside the country.

I have heard similar things from colleagues around the country

Cheers to your exciting new path!

Musk was nuts, Bezos was nuts, Cardone, Jobs, all "nuts", every great was "nuts" until they were relabeled a visionary, path blazer, innovator, genius. 

All the rest live in other states or countries.

My wife is from a country that does not allow lending or loans to acquire housing.

This change benefits consumers and aligns with more efficient real estate markets seen in other countries.

They’ll handle tenant screening, maintenance, and rent collection, ensuring things run smoothly while you focus on growing your portfolio.Ultimately, starting local and self-managing is a common path for new investors, but outsourcing property management or investing remotely can work well with the right systems in place. 

After a year or two we intend to buy a larger property in the same area and partner with some friends on it but I do believe a boots on the ground person employed only by you is KEY to executing anything if you are not in the country yourself.