I know current prices and interest rates make it difficult. I

One thing to consider is that Texas is a non-disclosure states, so you will find more difficulties in finding comps in the area.

@Michael Baum - agree that its a golden goose... thus the difficulty letting go... however I disagree that its not possible to find another when I've done it in 2 other locations... the last one was a condo I bought in 2021 for 250 and is now worth 650... and rents for 8-10k a month in the winter months... there's always opportunity for more!

A metric we are having difficulty finding answers to is identifying the average real estate transaction costs by state (In particular, transfer tax and property tax) and what are the required operating costs to manage a property (ex.

@Kayla WeigelI'm in the Reno, NV market and there are difficulties using DSCR loans because of the low rents from legacy landlords. 

@Justin Lee TaylorI went through this recently and realized the difficulty in the refinance.

But the difficulty is primarily in generating your book of business.

I am a licensed realtor here in Los Angeles, don't want to deal with the exodus of insurance companies and difficulty getting insurance and keeping it after a claim, tenant landlord laws being heavily in favor of tennants, exorbitant property taxes and minimal RTP among a few other factors with these being the most inspiration to take my money out of california.  

One bright point is usually in any arena, the more difficulty middlemen create, the fewer investors you’ll have to compete against.

But investing outside of your state has its own set of difficulties as well, such managing remotely and not being familiar with the specifics of the local market.Make a Plan for Property Management: If you decide to invest in rental properties, decide if you'll handle them yourself or by working with a management company.