It will not go away, and it will not be needed in our daily lives, so I am reaching out here to figure out what would be the best thing to do with the additional income.

Here are some quick tips you can apply to your out-of-state investing journey.Do your research:Check out the local economy, job market, and rental trends in the new area.Look for spots with high rental demand and good growth potential.Get a Local Team:-Hire a property manager to handle daily tasks and tenant issues.

$300K should allow you to buy a duplex/2-unit and both doors should be offering a profit even at 15% down.If you are in a situation where you are getting hit with high taxes, high rate, low rents it might be a "Walk away deal".I have to have conversations daily talking people out of buying a particular home because its a bad deal.

We keep a daily updated list of all active and eligible STR's for sale and currently there are well over coastal Oregon listings for sale with vacation rental or STR AirBnB eligibility and generally focus on properties that can reliably secure a permit within 30-60 days of closing.

If you’ve been following your market closely (think daily) for several months and there’s been no affordable duplexes come available then I’d recommend going with the SFH.

my goal is daily 30-45 minutes.

Louisville is adding jobs daily and the big employers are constantly investing in the area. 

A house can pass inspection but once someone is living there it's being put under daily stress (faucets turned on/off, heat/AC on an off, etc) so be prepared for repair costs 

Build a team-Get a property manager to handle the daily stuff,and maybe even a local handyman in your chosen state.Use online platforms for rent payments, maintenance requests, and communication.Touch base with your property and team, build relationships with tenants.

Affordability must be addressed before transaction volumes can normalize.Average 30-yr mortgage rates (Mortgage News Daily)MBS Highway Housing Survey for July 2024The MBS Highway National Housing Index dropped 9 points in July 2024 to 44, as buyer activity levels fell across the nation.