Please don't get fooled into buying something just because it can be bought for less than a used car.With that said, my recommendation for an out of state investor is to buy in the Washington Local school district of Toledo.

I sold a favorite during the pandemic a duplex because when I was able to get it vacant I rehabbed it and was concerned with the way the city of Portland was treating landlords.The Hawthorne district has always been a favorite with lots of younger folks.

Below are REIT requirements from https://www.reit.com/REIT101/FormingaREIT.aspxA REIT must be formed in one of the 50 states or District of Columbia as an entity taxable for federal purposes as a corporation.

We all see the cranes, the new buildings going up all over the Center City District, South Philly, River Wards, etc. 

--The most notable project is Gastonia’s new Franklin Urban Sports & Entertainment (FUSE) district.

They are in a good school district and close to nice neighborhoods.

How far are these condos located from the Seattle downtown or the business district?

Great school district, very decent, low crime area. 

Remember while it is legal under District law, it is still illegal under Federal law, and we have a lot of Federal law enforcement officers roaming the area.

Put RV Parking in your listing.Play up the school district.