Forgive me but I'm very new to the space and don't know enough bout anything investing related to begin attempting to buy property from another state. 

That experience will definitely come in handy when evaluating properties, estimating renovation costs, or managing projects.Feel free to reach out if you have any questions or need advice as you get started.

Evaluate your financial position and obligations.  

., 1960s-1990s).Evaluate potential maintenance issues and the adequacy of contingency budgets for older properties.

It sounds like you’ve got a great foundation with your business development and marketing background, those skills will definitely help when it comes to evaluating deals, negotiating, and even managing properties.

Hunter,Couple additional thoughts here but you will have to evaluate if the juice is worth the squeeze.

When you’re evaluating a potential deal, what are the key metrics or calculations you always focus on?

This is a rather interesting scenario I evaluated a few months ago.

These approaches consider how the capital has grown or shrunk over time, providing a more accurate reflection of actual performance.For instance, the CAGR in this case would be negative, as it accounts for the overall movement of the investment from $100 to $50 over the two-year period, indicating a loss.If you'd like further clarification or assistance in understanding other metrics for evaluating investments, feel free to ask!

Sure, there are going to be people who fail but if you truly try and make your best effort and do your own due diligence by evaluating these properties, inspection, ARV, etc. and really learning the strategy of both BRRR and turnkey fix and flip, it will work.You need to build a strong and trustworthy team on the ground.People nowadays quit the second something gets hard.