I could go on and on, but basically I would love to get any insight into how I should approach this opportunity.  

Finding a good PM will cover your concerns on managing the rental from OOS and a good agent should be able to provide you with their network of deals, including on and off market opportunities. 

My name is Kyle Kivinski, and I recently moved to downtown Charleston from Washington, D.C. I’m currently in the process of searching for my first property, which I hope to house hack and eventually convert into a lon...

Of course there is also market opportunity cost to consider.

Other than that I'd be more so looking at value add opportunities.

With hardwork and ceasing opportunities we've managed to be part of this major asset and making it even better.

What's the opportunity cost of letting that equity sit and taking a loss each month?

Since this opportunity came up, I've begun to take real estate more seriously as a path to financial freedom.

Upside though this also creates opportunities I guess.BRRRR could work here I think but would really need to focus on younger stressed properties to get around bank valuation process.

Partnering with private equity firms or debt funds provides access to capital in exchange for structured investment opportunities.- Revolving Credit & Liquidity Management:Instead of taking out separate loans for each property, consider portfolio financing and cross-collateralization strategies to streamline funding and improve cash flow.- Creative Financing Solutions:Options like subject-to deals, seller financing, and syndications can lower capital requirements and increase your purchasing power while providing flexibility for properties with complex financial situations.4.