Use this time to build a network of contacts in your chosen market, including real estate agents, contractors, property managers, and local investors.

I'm a finance guy and have pored through the financial statements on some of these and because of the additional layers the expenses are just higher.So generally I'd say, unless you're very familiar with the sponsors and have a lot of confidence in them, the risk is higher with the syndication but so is the return.

And buying well-priced assets is something most wealthy investors have probably done to achieve their wealth.Now, the reason you probably haven't anyone stand up and proclaim they're an example is that many of us who buy in these areas have chosen to buy-and-resell the past several years as opposed to buy-and-hold.  

Hey Demetrio, I would love to hear more on why you have chosen Canton to invest in remotely? 

The type of rental you’re interested in can help determine where to look.Research the competition, and determine whether the property you’ve chosen is in a prime spot for its purpose.

However, be sure to research your chosen market and build a reliable team.

I am a firm believer in education, but if you are in a room full of people trying to be "One of the chosen few" I would reconsider.

Patrick,First off conducting due diligence is key before hiring that person or company;Hiring a property manager is an important decision, and can be an asset for a property investor, but can also be a detriment if not chosen carefully and without some due diligence.

I live in the southeast and have chosen the single family route.

You should also ask each agent about their plan for marketing and selling your property.Once you have chosen a real estate agent, be sure to get everything in writing.