If you do it right e.g. always carry a reserve for repairs/vacancies, hire a GOOD property manager, keep the tenant happy by doing reasonable repairs, etc, then investing OOS is a great option to build wealth.Good luck and be sure to utilize the BP community if you need help down the road. 

Flooring: A lighter or mid gray lvp to compliment (~$3 sq ft material) Cabinets: White shaker style (Lowes/Home Depot, Readily Available with little lead time) Countertops: White Quartz with black veining to match black matte finishes if the return on investment is there or just a nicer laminate (calacatta marble natural stone look)Finishes: Black matte for a modern look or the classic brushed nickel.

Typically, newer comps close for more than older comps per appreciation/inflation.

Hello fellow investors is anyone investing in the Detroit or Louisiana area ?

Investment Info:Single-family residence fix & flip investment.

Investing isn't an Either Or sport, but rather a This And.

If you have a family member in another state, this could work.However, BRRRRs and rentals may be considered different, because where you invest when you hold onto a property is one of the biggest decision you can make.

Investment Info:Single-family residence wholesale investment.

Typically, the easiest way to verify this is to request additional documentation.

I’m trying to get my first single or small multi family RE investment started.