If you want more specific answers I recommend talking to a commercial / investor focused broker.

Hi Michael - It dpeends on what specifically you are looking to do.

What was the outcome?

A lot of the books are good in the biggerpockets bookstore if you like to read to get more knowledge on specific topics.

But investing outside of your state has its own set of difficulties as well, such managing remotely and not being familiar with the specifics of the local market.Make a Plan for Property Management: If you decide to invest in rental properties, decide if you'll handle them yourself or by working with a management company.

What was the outcome?

From what you see and experience  If it's an equity recovery specialist, I've seen 3 out of 4 people this year with positive outcomes.

While the general principles regarding LLC ownership, asset protection, and taxation may apply universally, specific legal requirements, regulations, and tax implications can differ from state to state.Good luck!

Wanted to check if that is true and if it is just lender specific or are there any legal laws around it.Thanks

I think a more ambitious strategy would be to "flood the zone with value" - specifically, pick a few listings in the geography you are interested in that are being mismanaged and propose your plan to that owner just as an ice breaker.