Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.

Im looking for a DIY cost segregation option for a small 12 unit apartment. 

I came up with buying kit homes produced in China and putting them in people's backyards.

The rest is marginal and while it will not bode well for them if I find a new and better renter interested in moving in and paying more, it is not enough to lose sleep over either.The best tool in the kit is the month to month.

I came up with buying kit homes produced in China and putting them in people's backyards. 

Changing the title DIY may have messed with the title that you paid for and Underwriter may deny your loan based on the fact that they cannot piggyback on the short title (this is how HELOC's are cheap).

https://www.rentecdirect.com/b...So, an owner insisting that a PMC give them confidential applicant/tenant information, often proves that an owner who THINKS they can DIY manage, has NOT done their homework regarding all the legalities involved in managing rental properties!

In theory I'm going to DIY my own property management software. 

If you can afford it, invest local and DIY everything.The experience you gain will serve you well if you want to expand OOS.

Consider private money lending and/or note investing for a passive income source? You're in good company. It's a lucrative alternative investment if done right, offering strong interest returns without the headaches o...