Hi ChrisManaging out-of-state investments can be a great way to diversify, but it comes with unique challenges like relying on property managers and handling long-distance communication.

My preferred options are:1. house-hack with a duplex under ARV; live in one unit => renovate => rent the other unit2. buy a SFH under ARV that could be converted into a duplex (preferably adjacent units vs top/bottom) - I'm assuming the biggest challenge with this strategy would be separating the infrastructure for utilities; and costly.

In our market (New Orleans) cemetery tours are very popular. 

In fact, some of the best opportunities in real estate come from properties that others overlook—distressed homes with potential that just need the right investor to bring them back to life.If you’ve been in the game long enough, you know that distressed properties can offer huge upside, but they also come with their own set of challenges.

Insurance challenges are growing nationwide, not just in California.

Saul, Phoenix and Vegas are popular markets, but I’m not sure they’ll actually cash flow well with today’s prices and interest rates.

Market Fluctuations: The rental market can fluctuate, and there could be times when finding good tenants is more challenging.3.

Hey man that's a challenging situation.

When it comes to the STR game, differentiation is critical, and that can be challenging with a 550 square foot oceanfront condo. 

Data point: we have a long-term rental in a popular STR neighborhood listed through Zillow right now.Every person who writes asking to do some sort of arbitrage is blocked by the Zillow platform.I don't even have to say "no thank you anymore."