Check this out- https://www.biggerpockets.com/renewsblog/2012/12/2...That explains the two main ways to find and buy properties out-of-state.

I've read and listened to a lot of posts and pod casts but I thought id explain MY situation to better decide.

I have a potential tenant I'm screening who is moving from out of state for a job.He has asked if there is another way to pay the deposit/1st months rent other than cashiers check or money order because his current bank is not here in my state.Before I respond to him I want to ask on BP if there are other secure options?

I did mention in some cases (from what I've been told), that the bank will give relocation money, but I did not make any promises.

You must be able to document a lower FAIR MARKET VALUE.You will actually recognize the step up in basis at that time.Feel free to PM me or call me and I'm happy to explain it.

She said it had something to do with rights of ownership that the banks didn't like.Thanks in advance for your time!!

What I didn't calculate was that, in between funding rounds our team sometimes doesn't get payroll for 2 months or so until investment dollars hit the bank.

Should I go through a bank or are there better alternatives?

Property prices are a bit elevated considering the low average income, so we're having to be picky and patient, and the banks aren't as willing to budge on the bank owned ones.  

Do we need to market more for more properties, more investors, more bank conversation for refis?