However, that involves establishing a network of trustworthy, reliable people in the location you'll be investing.Maybe take a trip and network through Bigger pockets and go set up meetings with specific people you'll need to have to self manage out of state.Because of the need I saw in the market with a select group of real estate professionals, I launched a business recently for their specific, yet smaller daily tasks. 

I would have a local partner or a very good attorney before you launch

@Patrick FroehlichWhat’s it matter - it takes one deal to create a launch point for a massively successful journey.Age isn’t a factor.

I can pay cash for the 25k but not the 100k, in starting out, wouldn't that be a better route to launch from?

I wanted to give you all a head's up that the Social Networking aspects of BiggerPockets are going to be down for a short while today as we launch some big upgrades.You'll still have access to all of the site's resources and our main blog, though.After today's launch, you'll have access to our new Events system, as well as to lots of other upgrades . . .Stay tuned.

Spend the funds to send out post cards, driving for dollars, cold calling, etc...I launched a new campaign and within the last 3 days I was able to pick up 3 homes a lot cheaper than going through a wholesaler or MLS. 

Made a drive down to Florida so I can go see a rocket launch this week and on the drive I finished 3 podcasts. 

JErryl I only ask because when my website launchs I do want someone to see it. .. but  I have never had one and I do over 40 million a year in real estate so I guess you can say I create my own deals.. 

We're launching this REI business because we're excited about the possibilities and because, now that I'm spending more time at home, if I don't stop driving my wife crazy around the house I won't live to see my next deal.All of that is beside the point, mostly I stopped back in to say thanks for all the perspectives and all the (mostly) friendly guidance. 

The income from the triplex will be a little bit less/month than the 4-plex but because it's brand new the expenditures and maintenance will be less.My office has been working with a developer for about a year to launch a townhouse PUD in Rigby.