Remote market - virtual.

Those jobs are on the rise as business try to figure out more ways to reach their consumers in the virtual world.

With all that said, do not think of these condo units as investments; virtually none of them would pencil out if you were purchasing as a landlord.

(Back ground on the situation before I show the lawyers response/conclusion) I am living in Canada and I'm trying to do my operational and legal due diligence before I go through with the disposition steps of virtual wholesaling which I have solely learned from people living in the US doing it state to state never personally being at the property.

The goals you have influence your decisions and they determine, largely the metrics you choose to use to guide your decisions.Briefly - it's a seller's market here right now - virtually every SFH I've either sold or bought has been a multiple offer situation in the past 10 weeks - inventory is historically low and rates are low and prices are projected to continue to rise over the next year at least in the SFH sector so selling right now - all things being equal would be relatively easy which could stabilise a 1031 situation - however if you plan to buy in a tight market ( Oregon) that would compromise the original impetus to increase cash-flow.It is entirely possible to manage a small remote rental yourself if you have support locally and want to maximise cash-flow - 10% of $2150 = $215 + $120-170 extra from refinancing if you do not extract any equity = $335 - $385 extra revenue per month if you harness the PM fee and the reduced mortgage payment.If your objective is to grow your portfolio then you might want to leverage the hot SFH market here and sell - maximise your selling price ( good Realtor and good target market asset positioning) and invest in a below market Triplex that you can force appreciate and set yourself up to pull the equity in a refinance event later down the line, collect good cash throw off and leverage the asset to speed up your portfolio growth...plus owning a MF builds your lender credentials more than a SFH if you want to scale up in the future.I always have my clients clarify what their primary goals are with their investment portfolio - it matters and it really helps you to get clear so you can recognise what a good opportunity is for you.

I bough this property when I went on Holiday block leave for 2 weeks, I got the contractor, realtor, property manager, and the attorney all in 2 weeks to buy a house and when I went back I did it virtually.

You have just succeeded in virtually eliminating that expense.

There are no shortage of residential and multifamily focused groups but I'd love to connect with investors solely focusing on the other commercial property types (Office, Industrial, Retail)If they are virtual I'm interested country-wide.

Are any of these going on virtually?

I will be hosting a virtual meetup for newbie investors on February 2nd at 7:30 PM CST!