I recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.

.- Increased Travel and Communication:Regular visits and long-distance coordination can increase both time and expense.- Legal and Tax Complications:Navigating different state laws and tax regulations can be complex and confusing.Out-of-state investing can be a great way to grow your real estate portfolio, but weighing the benefits against the potential challenges is essential.

There are only a few exceptions that allows someone to have more than 1 FHA loan at a time.Relocation: If a borrower is relocating to a different area not within reasonable commuting distance of their current residence, they may be eligible for another FHA loan to purchase a new primary residence.

I know where a distance away but that don't stop the growth. a little background on me I've been a business owner for the past 14 years running a moving and home service business. 

Of course it matters the distance from other homes for yappers and how animal control is.

But it's walking distance to the beach, in a great location, and had tremendous potential as a STR (which was the primary goal) and huge upside for appreciation.The only things I would rule out, and would advise my clients to consider walking away:  Major basement water problems, significant structural issues, and evidence that prior work was shoddy, or that work was done to cover up a bigger problem. 

You can usually live in a favorable location for your lifestyle and either commute to a property or hire folks to do all of the heavy lifting for you.

I live in a very rural area in the northeast and most of the markets within an hour of me are primarily class C and D neighborhoods with reputations for drug and crime problems (as well as my own hometown unfortunately) so I will probably look to long-distance investing as I get started.

Hello All! I’m looking to get some insight and truth to possibly investing in the area of Pittsfield, MA. My wife has family that lives up here and we visit yearly and I continue noticing a lot of multi family homes i...

It seems like you are looking for buy and holds, but do you want to do those locally or are you open to doing long distance rentals?