Quote from @Tenzapa Wakombe: @jaycee Greene I am in Kentucky now, I used to live in MemphisI am so sorry, I got the terminology wrong silly me!

Hey Aishan, I personally own 12-doors in Detroit and I live in California.

That said, I wanted to share my story about how I found an out-of-state property, got it rented, and set it on autopilot.BackgroundI’m in my late 20s, living in a very high cost of living city and working in tech.

I will be living in the guest house, while renting out the main.Both units are without washer and dryer units, my question is, do I supply them in the main house; or let potential tenants figure that one out?

I’m looking to purchase a 10 acre parcel either in Columbus, Dahlonega, or Helen.I’d like to live on half the land, and develop the other half into five A frame luxury short term rental units. 

After 45 + years as a real estate investor, broker, lender, fund manager and syndicator, I’ve become aware that the “dream” of many investors and investor “hopefuls” is to be able to generate enough cash flow to live off their real estate holdings and accumulate enough wealth to make “work” optional.

Im local to Charleston and live downtown.

(They did multiple inspections, also came for several full afternoons to just poke around the house while we were living there.) 

Hey Jeffrey, I am from Mount Vernon (Parents still live out in the Tulip Fields off of Memorial Hwy), but currently live in HI.

Just thank your deity that you don’t live in a rent controlled city/state.