I have connected with several members doing new construction or with boots on the ground in Cape Coral, so thanks to all of you that have discussed and answered questions from me so far.Here's where I'm at:-Connected with Rent to Retirement in November/December 2021 to discuss the area and opportunity.

I have a list of them that I can share with you.Chicago, without a doubt, has some downsides, but there are also a lot of positives, like the inventory of older multi-family properties and price points at all levels.Investing out-state can be challenging because of the distance and the need for boots on the ground that you can trust 100%.

It’s humbing and frustrating, but it also teaches you those guardrails you’ll want next time.. like thorough screening, a solid lease agreement that sets ground rules upfront, and maybe even setting aside a bit more cushion in reserves.Chicago’s got plenty of investor-friendly pockets.

After a year or two we intend to buy a larger property in the same area and partner with some friends on it but I do believe a boots on the ground person employed only by you is KEY to executing anything if you are not in the country yourself.

BP and the forums have been so valuable while I’ve been learning and I’m so grateful to have this resource.I’m a US citizen currently living abroad (London, UK) and would like to start my REI journey in the US.

Also, make sure you have a great property management company who can be your "boots on the ground".

As an out of state investor, am looking to work with wholesalers, agent or bird dog who can walk the ground .

Most people really don't understand this fact (myself include prior to moving here) and it can trip you up if you don't have reliable "boots on the ground" or a thorough understanding of neighborhoods and blocks.

For a beginning investor, I'd recommend more turnkey properties to get your feet wet while you build trust in your boots on the ground.

Why would someone invest when they can invest in a REIT or other fund where they own shares and thus own the ground behind it.Its like the idea where people want to sell a home but not the ground underneath it and in 30 years take it back but not be responsible for anything during that time (yes you can do this commercially but not residentially).