In the past, I have owned residential real estate in remote locations ( other countries than my own ) and been successful in buy-and-flip, buy-and-hold, and some simple small-townhouse developments.

Data and Analysis Tools: Making Informed DecisionsReal estate investing is about more than just buying properties; it’s about making smart investments that will give you a strong return over time.

Buy deeper?

Hey Clint,So 1,000% Biased, but each HML is going to have some kind of a 'buy box' that their investors are asking deals to be within.

I am located near Martinsville, VA and am interested in buying there and surrounding areas (Danville, Roanoke, Winston Salem, Greensboro, etc).If there is anyone else from the area or surrounding areas that has any contacts or resources as far as realtors, title companies, contractors, lenders, or even wholesalers, please let me know.

("A real estate broker, for the purposes of this article, is defined to be a person, firm or corporation who, for a fee, commission or other valuable consideration, or by reason of a promise or reasonable expectation thereof, lists for sale, sells, exchanges, buys or rents, or offers or attempts to negotiate a sale, exchange, purchase or rental of real estate or an interest therein, or collects or offers or attempts to collect rent for the use of real estate or solicits for prospective purchasers or assists or directs in the procuring of prospects or the negotiation or closing of any transaction which does or is contemplated to result in the sale, exchange, leasing, renting or auctions of any real estate . . ."

You will need 20% down to buy a rental unless you are living in part of it. 

Who here regrets buying an STR?

If you used a good investor-friendly realtor to buy your property, they should be able to give you their preferred list of vendors for any issues that may arise.

My goal is to buy and hold a property each year.