I spoke to local owners who have been audited for increasing rents without there permission and they had to pay back the difference!

I am local to the Memphis market.

The next step is to take action—start analyzing deals, networking with local investors, and narrowing down your target market.

I am local to the SLC area.

Stick to areas with better soil conditions like Frisco, McKinney, and Rockwall, and network with local investors to learn from their experiences.

Find a great, local lender who knows the VA program inside and out.

What I love:  Old Man Dan at a local Umpqua bank. 

Do you invest locally in Tampa Bay or out of state? 

I know they have a cap at 10.We have also looked at using local banks in the area but those terms are usually 3 years arms to ten year arms and 20 year loans so it lowers cash flow significantly. 

Got to local REIA meetings or use Facebook.