Quote from @John Key: Quote from @Ray Hage: I had already thought dropping 5 figures into these "mastermind" programs was a bad idea and now, I think it is even worse based on what I read in this thread.

When you invest, it is a good idea to have a 5-10 year hold horizon that you are planning for, not just looking at the immediate situation in an area. 

Great community to bounce ideas off of as I build my knowledge base.  

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

What I have learned is that it's nerve wracking to invest out of state, but sometimes investing out of state is a great idea since it could be the most bang for your buck.

There are some legal considerations as well as practical considerations 1.  

Hey there @Lamier Guzman you have a good idea as a foundation.1.

Not a bad idea but if the deal goes bad just remember you are taking money from your primary residence. 

As a property manager, it's crucial to understand the nuances of these fraudulent practices, recognize the signs, and implement strategies to mitigate risks effectively.Understanding Rental Application FraudRental application fraud occurs when a prospective tenant provides false information on their rental application in an attempt to secure a lease.

Good idea or no?