Quote from @Alyssa Dinson: Hi everyone, I live in California and have been meeting a lot of investors who prefer to invest out of state due to California being so expensive as well as the aggressive tenant protection laws we have here.

Sounds like you've found a reliable resource for SBLOC, but what you are describing almost sounds like preferred equity as well. 

Quote from @Conrado Balicusto: Quote from @Chris Seveney: @Ryan DaultonWe use it for private lending - because the tax benefits are lost with real estate When lending usually it’s taxed at ordinary income rates if using your own cash so using a sdira I prefer for lending and my w2 income savings for real estate to maximize tax efficiency  Thank you for the insight on private lending and tax efficiency.

I thinks what I’d prefer to do is use the BRRR method and have rental properties.

However, I would prefer if the property could support itself and not be a drain on my personal income.  

I am also a licensed EMT, and would love to provide housing for travel nurses, contractors, etc. in that realm since I can relate to them in previous jobs that I've had.I'm looking to invest in these states preferably: Georgia (1st choice - preferably near or south of ATL or in/near Savannah), Alabama, South or North Carolina, and Florida.

I understand the pros and cons of both so no real immediate preference.

Preferably out of state near Charlotte NC where our daughter lives.  

You can also look into REITS but I prefer owning my asset and not sharing with anyone I'm not in business with. 

I subscribe to PropStream and Flipster and was wondering if either of these sites you use or you prefer a different program to find distressed properties and generate lead lists?