I'm a 2x house hacker here in LA and an out of state investor.

After three years, they have put a pause on the construction for another year stating that the labor costs are too high now.

I see you are in the State of Georgia and it is a great place to invest.I’ve been in this space for a long time, coaching and investing, and I love helping people get started.

But invest all over the state and in FL.

I was fortunate enough to find a lender with 15% down for my previous properties  For sure, man, I’m sure it varies by state with Lending  but in Texas 20% down is  pretty standard on investment properties.

Am wanting to add a STR to my portfolio and thought having one near where I live was a better idea than investing out of state.

My first questions are what price range are you trying to buy a property in and do you have a home already in the United States?

Hey Becca, I can chime in as someone who does a lot in Detroit and works with a ton of investors from out-of-state that are buying there.

Then i would probably want a CPA firm that has specialist that know the state laws for my portfolio so I can benefit even more.

The least states:"Tenant shall pay a "late charge" not in excess of five (5%) percent of the amount in arrears for each month the arrears remain unpaid if any Rent is paid more than ten (10) days after the due date thereof, to cover the extra expense involved in handling delinquent payments.