It's possible to do out of state investing in Cleveland or Akron, but you need to build a team and start networking with folks here.

@Yaroslav Shtogun assuming this is something you can tackle yourself and with your network doing the full deal would be an awesome project for you!

I’ve had more success filling vacant units by word of mouth/ networking with other agents in my market recently than I have through the typical advertising methods.

Im currently networking to partner up with a home builder here in Staten Island and build Semis on empty land.

REI Network Cold Calling 101 courseAnd each and every time, I felt completely ripped off (ok... to be honest, the REI Network Col Calling 101 course doesn't seem that bad... but it was the last course that I purchased and by then, I was so utterly disgusted with Joe McCall and all his upset BS, that I became cynical and jaded by that point!).

In Phoenix, where I’m based, or in markets like San Antonio, the best realtors do more than just list properties.. they go “driving for dollars” to find oppurtunity, leverage their local networks (probate attorneys, CPAs, divorce attorneys) and carefully analyze each property’s cash flow.

First, it fast-tracks your learning as an investor - you are forced to develop better time management skills, build your network of reliable contractors/ handymen, etc..Second, when you are ready to transition to a property manager, you are well equipped to evaluate and hire the right company.3.

When trying to analyse STR I try to use as many data sources as possible, AirDNA, Rabbu, Pricelabs and good old networking, ask around see what other investors are getting for their units. 

If you’re set on a duplex with minimal rehab, an investor focused agent should have a strong network of contractors who can give you quick quotes, so you don’t wind up with any pricey surprises.

Whether you’re experienced or just starting out, I’d love to network, share insights, and collaborate.If you’re active in Philly or the surrounding counties, let’s connect!