What are the major pitfalls investing out of state?

I don't want to fall into any of the pitfalls I've been reading about.

The longer the seller has owned it, the more equity and stability he or she should have built up in it.ConclusionWhile rent-to-own arrangements can have many potential pitfalls, they can be a win-win situation between a trustworthy seller and a prudent, financially responsible buyer.

Any advice or pitfalls I'm not seeing?

What I think you'll get is a clearer picture of how your role can work, where the pitfalls are and how you can navigate better to make more money for yourself and your principals.Who knows, maybe investing a few hundred bucks into your RE education may reap many thousands of dollars as a result, not to mention the people you could meet along the way.

I'd like to hear your wisdom, so that I myself can be succesful, and avoid any major pitfalls in the future!

Most of them are run by a property management company which I could go on and on about the pitfalls of dealing with a PM.

There are pitfalls to these transactions.

We would be interested in hearing your views and to learn of costs and pitfalls of this strategy if you care to share.

There is always some pitfall stopping you from moving forward two months into the process that kills deals.