Also the location (nearby university, commuting distance to Fort Bragg and Ralegh, NC).

I have only bought one condo - about 6 years ago, rented it for the first 4-5 and have since moved into it.I am looking to invest about $250k into real estate - and am torn between focusing on local opportunities (I live in the SF Bay Area / Oakland) versus out-of-state options (via Roofstock, for example).I realize the numbers don't look great with local options, but I am also quite apprehensive of investing long-distance as someone who doesn't have much (if any) experience managing a rental property, has never worked with property managers, and has no experience with managing rehab work. 

I'm interested in long distance real estate investing as other markets present a lower entry point than the market I live in.

It gets you out of the distance land lord deal and defers indefinitely all gain and depreciation recapture.  

Measure the distance. 

I am currently located in Cincinnati, Ohio.Brandon and David have no clue but we have become close friends on my commute to work.

I am currently located in Cincinnati, Ohio.Brandon and David have no clue but we have become close friends on my commute to work.

Investing out of state at a 7-8 cap rate to me is not worth the risk of being a long distance landlord.

My first deal was long distance.

I’ve been reading David’s BRRRR book along with the long distance real estate investing book.