Term 12 years so that payment is just about the same as local renting market pricing.

You might also consider private money loans, local lenders and so forth.

As always, DYOR (Do Your Own Research) The area has a mix of stable, long-term residents and rental demand—especially with Section 8 tenants—but it does vary block-by-block.Key things to consider are Rental Demand, Property Condition and Management (a local property manager can help navigate tenant screening and city requirements)It’s not as bad as the headlines make it seem, but success here depends on buying right and the right property manager.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

As far as meetups go, you can find a lot of local events posted here on BiggerPockets: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a list of Chicago meetups that I can share with you as well.

I probably dont have a good comparison as I only know/invest in my local market.

Talk to your local building department for the codes they follow and requirement(s).

I’ve found that leveraging local networking events, investor meetups, and even direct outreach through social media can help bridge that gap.One challenge I had to get creative with recently was navigating a complex title issue on a property.

Find out what your local laws allow for.

I am looking to connect with local (to myself) investors who have made the leap out of state.