This way, you can still benefit from the rental income and property appreciation while minimizing the challenges of managing the property on your own.Wholesaling can be a profitable strategy, but before deciding to wholesale the property, evaluate the potential rental income and long-term prospects in the small town near Corpus Christi.

Hi Rose- Few things to note about buying an investment property.1) Expect to be putting down 25%, as this is most lender's required downpayment on "investment" properties.2) You likely won't be cashflow positive unless you are putting >50% down, OR are buying in a C-class or worse neighborhood.3) Starting out with a condo or townhouse could be a great idea if you're just looking to get your feet wet with landlording- It is less maintenance than SFH or MFH, and you will gain invaluable experience managing a tenant.Aside from the financial challenges, I think it's great that you have the mindset to grow your portfolio.

I am now expecting my second child so it really isn't feasible for me to be in a traditional for several more years.Being a female investor has very different challenges that most men will never experience. 

There are challenges investing OoS as other posters have stated and having a good trusted team in place will manage those.

Eleven months later I'm having the same challenge in reaching Hostaway.

Building a team is the first step to get set up

I think it's a rather challenging, but a very important step if you're going to buy out of state, because most of your returns will be dictated by the macro-economic conditions of the market you're buying in.

We've grown it to 3 successful locations and I'm ready for a new challenge.   

I read through this thread a couple of times and I would like to suggest you take a step back and ask yourself Why. 

Doing an OOS renovation is even more challenging - you can't physically check on the property unless you fly out there frequently.