That said, I wanted to share my story about how I found an out-of-state property, got it rented, and set it on autopilot.BackgroundI’m in my late 20s, living in a very high cost of living city and working in tech.

Investor in California here trying to diversify my portfolio and start investing in a different state.  

I’m interested in how others evaluate and track down these kinds of properties, especially from a distance.For example:When looking at distressed properties in other states or cities, what are your main indicators that it’s worth pursuing?

I’m a new investor based in WA state with an exciting opportunity to relocate for work in the U.S. and out of the 92 cities available, I’ve narrowed it down to 13.

The worst part is they refuse to help me get the account back, quoting their terms of service and stating they are not liable for any issues with my account. 

File a complaint with Board of Realtors and State AG.

That can sometimes break usury laws in some states I believe.

My suggestion is to find some real estate industry surveys (via CBRE or others) and look for the MF cap rates in various cities/states/regions.

Also, I'm looking to form a power team in each of the states mentioned.

You can set it up yourself at www.sunbiz.org , which is the website for the State of FL Division of Corporations.