If you are risk adverse real estate, (especially out of state) is not for you.

There will definitely be challenges due to the distance between us but nothing we couldn't overcome.

If you are risk adverse real estate, (especially out of state) is not for you.

Hope to hear your story to see how you were able to overcome this situation -  I am sure you will.

That being said, you can overcome some of the challenges of distance with technology, such as if you receive video (or photos) along with maintenance requests from your out-of-state tenants, allowing you to keep some visual on your property from a distance.If you are comfortable with distance, there is a price-to-rent ratio that may come in handy for you and end some of the analysis paralysis.

If you are risk adverse real estate, (especially out of state) is not for you.Again, welcome aboard the site & feel free to tag me with any follow up questions you have about the topic of investing out of state &/or turnkey.

If you are looking to overcome their objection then you have to do it with the value of the property as it sits in the current market.

@Patrick Hermans I would not be adverse to the idea of a live in investment.

For anyone new to the industry what are some of the challenges you find yourself faced with and how are you over coming them ? 

@Mathew Wray Combining two separate lots for development purposes does create plottage value, however, it may not be enough to overcome the fact that the tear down is going on the market and will likely be sold for a high dollar amount, and you have a nice house worth half a million dollars that would need to be torn down.