But now you have a challenge of documenting both your time AND time of everybody else involved with the property.Now, to answer your question - is it possible from out of state?

Going through my real estate journey I have learned a lot, I am 24, a veteran and a graduate from Temple University,I started with aspirations of investing on a property and making a quick flip.My problem lied with fear of failing, my capital and my savings.I decided I wanted to learn the real estate market and know the ins and outs before I would make a bold choice on buying my first real estate home.

Definitely a chunk of change I don't want to pay, but having my cash back out to do another deal might be worth it... 

It would be nice to cashflow that much with no money out of pocket, but everyone has their own strategy and circumstances. 

I truly hope this all works out for you.

Hello all,My name is Slavik and I'm a new out-of-state investor looking to invest in Jacksonville, FL.Currently focusing on single-family houses, without a specific strategy in mind.

Ok, then know when in over your head and tap-out! 

Wishing you the best and feel free to reach out anytime.

Regarding the payout inefficiencies, I remember the nightmare that some folks were experiencing with state unemployment benefits during Covid.

Property managers can make or break your out of state experience.