Investing out of state is definitely a viable option (most of our clients live outside of AL), but just know that you'll need to put in extra legwork during your research and vetting stage. 

Our GC firm supports our investor clients we help acquire homes for to do renovations and make-ready repairs...we also do the repairs, turns and remodeling work for a management portfolio of 800+ client rental homes so we understand the investor's needs. 

I've advised clients  with multi-families that if you show the bank that you are majority owner (articles of incorporation) they will likely acquiesce to the change. 

Scott Price After over 1000 strategy calls with investors and coaching clients over the past couple years here is what I tell W2 employees...

Mainly looking for a commercial agent to work with to help find my client a property.

In this other individuals post, at least he only lost his own money instead of a clients.

If I could have down-voted this I would have.How about some "actual historical data" that we can make real conclusions from.This stinks of self-serving data, and then further confirmation as I note that you're a RE agent in Mass.

Hello BP,I have a contractor client that wants to start flipping houses.

About 80% of my clients managed for themselves until they got tired of spending all their money correcting their mistakes.

Having the guidance of a firm that does this for many clients is extremely valuable, but you'll also want to work with qualified tax or legal professions when necessary.