If you have never done a project, let alone over state lines, then I probably wouldn't recommend it.

Didn't have a lot of free time, which my wife didn't like.Read copy & paste below to better understand Property Classes:------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I recommend you figure out what you want to do, then actually do it to see if you enjoy it, have some skills, etc.

It's hard to give any recommendations without any specific questions/real numbers.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Hi All,Does anyone have a good PM company they've used or are using in or around OC that you would recommend?

Aside from downpayment, you want to have a solid emergency fund in place, something that can cover unexpected repairs, vacancies, or any other random costs that pop up.I’d also recommend saving more than you think you'll need and keeping a close eye on your expenses.

Do you recommend making relationship with property management companies?

I would recommend that you don't ignore it; repair the drywall, monitor it and see if the drywall cracks in the same locations again.

Here’s my recommendation to get it under control: For a quick fix, start by sealing up any gaps using acoustic caulk around outlets, baseboards, or other small openings.