A solid property management team (or maybe multiple PMs if your portfolio is large enough) is a must for out of state investing.

But having multiple banks working the deal I had one pull through for me.

If you're looking to network with multifamily investors and service providers I host multiple events a month.

For example:How well does in-house counsel adapt to different jurisdictions, especially if we’re managing properties across multiple states?

When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.

(Interesting that I just came across this old post for the first time.)I’ve used Jerry Feeney’s e1031xchange multiple times.

Small businesses are typically valued at a multiple of SDE.

Multiple professional references, when addressing this issue, carefully state: "the IRS position is..." - which to me indicates the same doubts that I have about the legality of the IRS position.Until the IRS is challenged in court over this position and loses, I choose to comply with their position.

Investment: $124.2K; ROI: 73%/year; 10-year equity: $1.46M; Total cash return: $1.45M. 10-year equity multiple: 10x on $124K investment.

There are more complicated strategies to maximize larger listings that involve having like multiple listings for same property and do individual room rentals when it is slower and then for larger length stays, larger groups, and more desirable dates you'd book the whole space, but I think its easier to just do two separate.