Hello @Daniel Windingstad,Live where you like but invest where you can make money.Out-of-state investing is often your best option if your goal is financial freedom through real estate, because the chances of living in a city that can support this goal are slim.

Since I list some of my (very few - I only have 3 residential units and my commercial ones are all managed by others) units every 2-3 years, I forget how to do it, and even standard operating procedures change a lot at that frequency, rendering them much less useful.

I just completed a full zip code break down on my podcast of every investment zip code in Memphis called The Investors Guide to Memphis Real Estate.

In my opinion Florida is headed for a downturn in the local real estate market.

That said, there would be arguably no business purpose to bringing your family along with you, so even if you are spending the entire time searching for real estate.

Lesson learned Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

We are over 20 experienced CPAs active in these forums, many of whom specialize in assisting real estate investors like yourself.

Closing a deal can be a real rollercoaster ride!

I took my first attempt at BRRR and bought a house (Kansas City) for 200k, which will be my new residency, so I could use less downpayment and needed a second bedroom anyway. After the appraisal, I had instant equity ...

My reason for this post is to hopefully find a mentor to work with to get me started on this adventure into the real estate world.