The key is that the gap funder is usually someone you know and have a relationship with.

The key to investing out of state is finding a good property manager.  

As long as you express the key details of tenant information, lease dates, along with any standard information to vacate, and clear language of "non-renewal".

One key takeaway for future projects is the value of hiring professional painters.

What is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

I always just explain nicely that it’s my company policy to deliver the required notice and collect the late fee as per the lease every time rent is late, no matter what, sorry no exceptions for anyone as I treat everyone equally and adhere to the lease agreement that we both signed.

I currently work with investors building their portfolio with Turn Key investments.

I live in California (Central Coast) and have built a 12-door portfolio in Detroit, which has been a great market for both cash flow and long-term potential.Detroit still offers properties well below the $150k mark, with strong rent-to-price ratios and a market that’s seeing growth in key areas.

This knowledge is key.

The key would be making sure to talk to a local banker that can do CRE loans for owner occupied properties as not all banks do them.