Also, probably I'd have to fly out to KC a few times until I buy the property to meet the team, potential properties, etc which will add to the costs (~$600-$800 each trip) of owning an OOS property.Given this market, I'd like to hear from OOS investors if they think it's still doable to pull off an purchase worth investing in.I don't want to talk myself out of it again and focus on the negatives but also, want to make a sound decision that benefits me in the long term and doesn't hurt [much] in the short term.

This allows to 5X tax benefits this way, especially if doing cost seg. 

Here's my concerns:Based on down payment and closing costs I would have to pull from retirement accounts to make this happen.

We want to ensure our guests have a great experience without going overboard on costs.

I'm wondering how folks estimate CapEx, maintenance/repairs, and turnover costs?

Greetings all,We’ve all read methods on how to analyze a real estate deal, running numbers, estimating rehab costs, incorporating taxes, capital expenses, etc.

However, it's common practice for the seller to cover this cost.

I was thinking this could be a good strategy to scale and keep costs managable. 

Cost-Effective Entry:Buying a duplex often requires a lower down payment compared to purchasing a multifamily property (5+).

When they lose or break something they are responsible for the cost.