Here are some pros and cons to consider:Pros:Building Relationships: Managing properties for others can help you build a robust local network.

That market from what I can see on the few trips I made to perform due diligence is really robust and such a pretty area I can see the attraction for those working in Tech or govmit in DC. 

The folks cheerleading that it’s easy or typically the folks that haven’t done much of it themselves.. hopefully that’s a little clearer. just need to do robust SEO  or so thats what I have heard.. all our deals come from Networking .. 

Pair these steps with robust tax planning to manage profits and losses effectively while aligning your portfolio with long-term goals.This post does not create a CPA-Client relationship.

Benefit from Continued Appreciation: Real estate in Austin and San Antonio has shown robust appreciation over the years.

Despite the closures, Phoenix's retail sector remains strong, supported by robust demand and limited new construction.

.- Robust investor portal -> portal not actively used.- Direct investment in the deals -> one of the deals turned out to be a fund of funds investment.- Prompt & transparent communications -> very poor, e.g. in Apr 2024 I was informed the property had been foreclosed in Dec 2023. - Lead operator in the deals -> well not really. 

For more robust options I would look at a Buildium, appfolio, and Yardi..

You can consider diversifying across 2-3 markets initially but since out-of-state investing requires robust teams and systems, I suggest to start in one market, build your systems, and expand.

We also tried out REI Blackbook but not did not like it because was pretty clunky and hard to figure out.Now, being that we are not real estate specific, we have a general contracting business in Chicago; we have a pretty robust system built out in HubSpot, which we LOVE and definitely allows room for more growth!