I’ve been investing in the Tampa market for over 20 years, and in just the past year, I've bid on several mid-size apartment buildings and at least a dozen duplexes.

If the property is marketed too high, you should be getting this feedback from the PM. 

If you operate an STR, gross income is your total rent paid by your guests, before any subtractions.To figure out your taxes, you take this gross income and subtract from it all allowable business expenses: marketing, education, technology, licenses and fees (including Airbnb and credit card fees), office expenses, business driving and so on.

They’re willing to work with me and are local to my market.

And she was telling me the prices don't make much sense around the Seattle area so she is interested in the San Antonio market instead.

If it didn’t take a long time to generate that cash(1 year or less), I would consider doing syndication and wait and see how it went, while continuing to educate myself on local market conditions for an investment property.

I hope to connect with people in the community, learn how to shop investments, find markets, and all things CRE.

I am a seasoned marketer for Window Installers.

Hi,When considering investing out of state, is it best practice to find a local lender in the market I want to invest in?

Glad to hear you've decided on a market, have a plan, and budget in place!