G'Day Hughston,The best advice I could give would be to not invest out of state unless you buy turnkey.But that's just me being biased.The second best advice I can give is to focus more on the people that you will be working with over the stats/demographics of a specific area.I'm sure that this has been covered many times in the various BP books but to this day it rings true.You will heavily have to rely on the folks on the ground.They will either make or brake your investment so choose them wisely.If you buy the best house, on the best street, in the best area with the best capital growth projections.But your property manager is incompetent or a cheat.You will loose money.So, team first, area second.Much success

I plan to target Multifamily Apartment building's. 

Plan is, ill pay Heloc in a year from what I save monthly. 

I am a former insurance agent and was presented with multiple certificates of insurance that when I went to verify them they were actually not valid and/or the insurance was not the proper type for the work being done or may not have extended coverage to any workers or employees or contractors they were planning to bring on site to wortk.

.**= Again, confirm with your CPA what your specific bill would be.But, for rough math / estimation's sake, it sounds like a "probably" - is that a fair takeaway?

But there are pros to doing this too.I don't know Detroit very well and I plan on going there to meet with different PM and see their point of view and see if there's potential in all of this.

Here are a few:https://www.biggerpockets.com/forums/92/topics/189151-norada-real-estate https://www.biggerpockets.com/forums/311/topics/322300-norada-real-estate https://www.biggerpockets.com/forums/311/topics/433367-first-time-buying-turn-key-property-out-of-state-norada https://www.biggerpockets.com/forums/92/topics/496083-norada-real-estate-investments Also, feel free to contact our team of Investment Counselors for more specific recommendations.Continued success!

The successful sale at $319,000 underscored the value of strategic planning, effective management, and robust partnerships in achieving high profitability in real estate investments.

Start by talking to a bank or whoever you plan on getting the loan from to find out how much you can borrow and what the costs are associated with that.

Hi everyone,Just out of curiosity and specifically to the STR investors, has anyone considered or has invested in Branson, MO?