Research landlord-friendly states with lower property prices and strong rental demand, like Texas or the Midwest.

What I usually see is that they start with the average $/sq.ft of the sales price in the area.

Hi Daniel, Columbus GA has properties much lower in price than the metro Atlanta area, you should do fine to learn your local market.

I'm looking to make smart decisions for 2025, and this seems like a great place to start.

However, I made the decision when interest rate was lower and there was support for an appreciating real estate market.

Planned energy-efficient HVAC installations will replace outdated ceramic heaters, reducing tenant utility costs, lowering insurance premiums, and qualifying for utility reimbursement programs—a win-win for tenants and investors alike.Inflation HedgeReal estate is historically a strong hedge against inflation.

I will add that you definitely do not need to be near your investments, but it makes things a lot easier when you first start off. 

Make the start date of the lease contingent and effective upon closing. 

Off-market deals are key if you go this route, so networking is huge.Out-of-state investing is another option people love, especially in markets like PA (Philly, Scranton) or even down south where prices are lower, and the landlord-tenant laws are more forgiving.

I’ve been dreaming the last few years of starting an event venue, something for weddings, gatherings, etc., preferably with a great outdoor space.