Companies choosing new locations look for these key factors:Metro population over 1 Million: Companies require access to a large, skilled workforce and established infrastructure.Low Crime Rates: High crime deters both businesses and residents.Low Operating Costs: Companies prefer locations with lower taxes and fewer regulations to maintain competitiveness.Low Risk of Natural Disasters: Companies avoid areas prone to natural disasters that can disrupt operations.

Quote from @Victor Patel: I recently invested $60K with a local hard money lender who has been established in the area for decades.

Hi Sean from Upstate New York-You have a full time career and have been studying real estate investing.You are asking yourself if you should accumulate properties one by one or a bunch all at once from an investor selling their portfolio.Personally, I would advise you to accumulate your properties one by one using the buying criteria you establish.

Eliminate debt, establish a budget, and save.

Eliminate debt, establish a budget, and save.

The safest way to establish this is with a TOD appraisal.  

I wouldn’t purchase anything out of state without first getting a thorough inspection, establishing a trusted team on the ground, and having a solid exit strategy in case things don’t go as planned.

Eliminate debt, establish a budget, and save.

Eliminate debt, establish a budget, and save.

My personal preference for a buy and hold would be an already established area (or an area that's still gentrifying, but has already seen significant progress).