In Memphis, TN, we have solid communites to invest in around our airport.

Having a solid mentor that can show you the ropes and quicken your learning can be invaluable.

Sounds like you’ve got some solid experience under your belt.

@Tyler Garza Your strategy is a solid start, but avoid using a corporation for rentals due to double taxation and fewer deductions.

You nailed it—it really is a solid business model, all designed to maximize profit (which, to be fair, I respect from a business standpoint).

After that, a solid PM is critical to keeping things running smoothly.

.📌 Key Takeaways:Out-of-state investing can work but requires a solid local team.Use online tools like BiggerPockets, Rentometer, and Roofstock for analysis.A HELOC can help, but be mindful of risks and repayment terms.

Hello @Daniel Summer,The Memphis market has a solid MHA/Sec 8 rental.

That may change with time but short term we are focused on buying quality properties and renting long term.3 properties ago I purchased a really solid property but it was dated.  

Instead of putting your whole venture at risk through a single partner, I suggest you build a team of employees and develop solid succession planning.