Options may include traditional mortgages, private lenders, partnerships, or even self-directed IRAs.Calculate all potential costs including property acquisition, renovations, property management fees, taxes, and maintenance.Property Selection and Due Diligence:Use your local team to scout properties that match your investment criteria.Conduct thorough due diligence including property inspections, financial analysis, and reviewing rent comparables (rental rates in the area).Make Offers and Negotiate:Submit offers based on your research and due diligence.Negotiate terms that are favorable to your investment goals, taking into account potential repairs or improvements needed.Close the Deal:Once your offer is accepted, work with your local team to complete all necessary paperwork and close the transaction.Ensure all legal aspects are handled properly, including title searches and property inspections.Manage Property Remotely:Hire a reputable property management company to handle day-to-day operations such as tenant screenings, rent collection, maintenance, and emergency repairs.Establish clear communication channels and expectations with your property manager.Monitor and Adjust:Regularly review your investment performance and financial metrics (cash flow, occupancy rates, expenses).Stay informed about market trends and adjust your strategy as needed to optimize returns or mitigate risks.Long-Term Strategy and Growth:Evaluate opportunities for portfolio expansion or diversification in the same or different markets.Continuously educate yourself on real estate investing best practices and market dynamics to make informed decisions.By following these steps diligently and leveraging local expertise, you can effectively navigate the complexities of out-of-state real estate investing and build a successful portfolio over time. 

Currently in escrow on a townhouse (cap rate ~ 5.25%). 

I am currently reading "Long Distance Real Estate Investing", by David Green (published by Bigger Pockets) and decided to apply some of the analysis to a currently listed deal on NORADA. 

However if they are on limited income, military disability, SS, pension and they are currently paying a similar rent, no major other payment, I will waive the requirement.

My current primary DSCR is about 1.5-1.6x so I can repeat the process to the next one.

It would feed out to all the other sites that prospective tenants will be using but you should get enough traffic from just using Zillow Group and maybe FB Marketplace.I tell all my clients that it's not worth it in the current market to bother with the MLS. 

It's important to stay positive and focused, even in a competitive market like Seattle or naysayers.If you'd like, I’d be happy to jump on a quick 10-minute call to discuss your current strategy and see if there are any additional insights or connections I can provide to help you succeed.

Hello everyone I’m currently looking at properties to rent in Phoenix/Scottsdale area.

Hello Everyone,I am currently in the process of opening a pack-and-ship store and am seeking a suitable rental space.

Hey y'all,I currently own a duplex in Normal Heights, San Diego area.