One risk I see with having all my cash in equity is me not BRRRR'ing correctly (i.e. my ARV doesn't appraise well and my cash out refinance doesn't cover all of my costs).

I am considering a market about 2.5 hrs from where I live. No immediate connection but I have distant family there so I am somewhat familiar with the area (visited a handful of times in my life). I found a realtor who...

Banking on market appreciation is a very risky game, particularly considering the recessionary environment we're currently in.

If you get a team you trust in place, it doesn't have to be overwhelming or risky to invest long distance.

It is extremely difficult and risky.

It's a more beneficial proposition from the politician's standpoint to appeal to the 4 tenants (4 votes) than to one "greedy" Landlord who the politician knows will continue to pay their property taxes, etc regardless of whether the tenants pay rent or not.   

Mindi I'd suggest that learning how to build a team in Indiana is cheaper and less risky than trying to find a bargain here.  

Another thing to consider...The safety of properties bought at 70% ARV that are positive cashflowing, providing enormous tax write offs..And cost you a mortgage payment of maybe $350/month to maintain..Are NOT that risky.

Looking forward to hearing from you.MT I am not a huge fan of it unless you have a trusted team set up.See more here:Why the BRRRR Method is a Risky Gamble for Out of State Investing

Real estate is risky.