So the only way I see it working for someone like myself is partnering up with a like-minded investor within the state who could be our "boots on the ground."

Ultimately, we let the 45-day window expire and took the net proceeds as boot because we identified a handful of Opportunity Zone investments that were pretty attractive and met the needs of the investor.We then identified a basket of OZ funds with various business models to diversify risk.

Also, not a fan of having an agent or PM be your main boots on the ground for a random market that you are not fully immersed in unless you are a very savvy and highly experienced investor.I used to invest out of state as well and its certainly a lot more to it than many may think and your numbers on paper will usually look much better than reality.Cheers

Meetings are in Springfield on the third Thursday of every month, plus there's a handful of smaller sub-groups that meet throughout the month.One of the REIA co-founders, Brad Moncado, is an experienced STR investor and holds a yearly boot camp if you're the type of person who needs a data-dump/kick-in-the-pants. 

That should help your projections a bitThe 30% is for a local boots-on-ground, full-service company.

Looking to team up with contractors, agents, and anyone who's got their boots on the ground, especially since I'm not based in the U.S.Excited to learn from you all and see where we can collaborate!

Have you had to have anyone that is boots on the ground? 

If you are investing out of state it is very important to build a trusted team with boots on the ground who know the area.

Boots on the ground is how we got those and were from Michigan. thats a tid bit of our journey, best of luck!

We are preparing to do fix and flips long distance in a city where we have plenty of family. We’ll have a realtor on the team and set up systems for the contractor team to provide us with video and picture updates. Th...