Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

@Jacob Crow I can tell you as an investor myself of 9 rentals and a lender for the past 19 years, the business is relationship driven.

I have driven all over Texas and have never seen a Wayco.

It's a third party service that uses AI to analyze your report, and returns itemized price estimates for each item on the report with a surprising level of accuracy.

Working with a team in the beginning is a fantastic way to get started, you can get the support from fellow agents/investors while also working in a very supportive and success driven environment.

Only seen pics and driven by it.  

When I total up miles driven, it won't be difficult to balance out 50% between personal and work.

I'm very process driven, so implementing these questions into our initial decision and vetting process.

and have lived there our whole lives so obviously do not have any credit history in the great US of A! I

I have a few that work because (a) I manage them myself, and (b) they were either already furnished or small enough that furnishing was very cheap.