A real small per unit return simply is not worth the effort of residential RE. - real wealth is tough from cash flow alone and in markets that have historical appreciation below inflation for this century the return is largely from the cash flow.  

.- Higher Cash Flow Potential:Certain markets might provide better rental income, leading to increased cash flow.Cons:- Limited Local Knowledge:Understanding the nuances of a new market is challenging without on-the-ground experience.- Property Management:Managing properties remotely often requires hiring a property manager, adding to your costs.- Increased Travel and Communication:Regular visits and long-distance coordination can increase both time and expense.- Legal and Tax Complications:Navigating different state laws and tax regulations can be complex and confusing.Out-of-state investing can be a great way to grow your real estate portfolio, but weighing the benefits against the potential challenges is essential.

Are there any other suggestions on how to finance this thing to be worth it?

I understand the concern about using a HELOC for a down payment and the potential challenges with cash flow.

It might be worth exploring if its features align with your needs.Identingly.com - 0 Stars (no reviews): With no reviews, this platform is an unknown quantity.

Btw lets connect I'm a cash buyer and am still looking for more deals!

That's a nice ROI for 3 weeks worth of work.

The state is very landlord friendly and Tulsa and Oklahoma City are towns where you can combine considerable cash flow and appreciation.

These areas tend to offer solid cash flow, even for out-of-state investors.Regarding company structure, owning property in an LLC is a popular option here.

I wish I had the cash to be able to purchase at foreclosure sales.