As such, I've worked with these portals quite often over the past two years.What I've noticed is that the original goal seemed to be to get investors equity positions in large scale real estate projects - commercial high rises or 100+ unit apartment complexes.While this has worked well for a few very large portals mentioned earlier here, the reality of the situation seems to be that many of the fledgling portals did not work out, grow to sufficient size, or build enough of a reputation quickly enough. 

Whether those are rough areas I am unaware of.If you do go the route of investing out-of-state finding a reputable operator is crucial and also choosing the right market aligned with your investment goals.Hope that helps

If it is possible, how long is it that I have to wait to until I am able to explore either of these options?

We're exploring options for our move and looking for advice.  

There is still a value play there which I will explore very soon.

In terms of partnership on transactions, we are flexible on transaction style with some core criteria which include pristine reputation & integrity, credibility in terms of track record, and strategic "value-added" characteristics.Happy holidays to you as well!

Hey Kodie,This may have already been said in the comments, but I just want to remind everyone that if you're looking for a contractor it's important to find someone that's fully-licensed or has a good reputation.

I think one issue is whether the recipient has to pay some tax.. kind of like winning money on a game show.will explore that it could very well be.. and I suspect it would be orginary income so depends on their tax bracket but .. who ever ends up with this will figure that part out.

I am starting to explore multi-unit apartment properties in a state where I have not invested before (Ohio), however I have family there.  

I'm hoping that I can find a financial backer who is serious about working on a project or a hard money lender with a good reputation.