If you want to scale your business, learn real estate and grow your investing portfolio faster due to higher buying powers in upcoming markets and you are in an area that doesn't meet your requirements...then out of state is a great option.Whether you invest locally or out of state, unless you are doing the rehab yourself, there is no difference.

It's there you can meet potential business partners, funders, other investors, etc.

I have come to believe that in order for each party to meet their respective objectives both sides must meet in the "reasonable" middle.

If the improvements made were substantial then I might also provide invoices paid to contractors as well as a scope of work to justify financing at a value much higher than my initial purchase.10% vacancy is definitely higher- if you've got a stable property that meets your markets rental demands then I would use your market's going vacancy rate (which may not be representative of your EXACT asset).

I'd be happy to meet you for coffee.

@Wade ReevesDoesn’t meet the 1% rule - pass

Thanks Katie, I appreciate your input and yes, I definitely understand it is difficult to give a specific opinion without an extensive meeting.   

I believe LSU has an evening perspective member meeting each month in SA.  

You can schedule it under the auspice of meeting the tenant for a face-to-face apology.

Is there already a group for members to join and meet ?