@Tim Bergstrom I am a lender with a local bank here in Louisville and an investor personally as well. 

Whether you're a local or considering investing from out of state, I believe Albuquerque has some unique opportunities, but as always, there are factors to consider.1.

Just be sure to check local regulations for Airbnbs.For long-term rentals, growing cities with strong job markets and affordable housing are ideal.

It’s not necessary to stay local for these services as long as you have online bank statements or a solid way to get them to the bookkeeper.

Hopefully, this is a useful example of what’s achievable with out-of-state investing, even with no local connections. 

I recommend you call a local agent or broker to give you a better lay of the land so you understand the challenges/opportunities in this area.

I would recommend checking with some local insurance brokers in your area, they may know more carriers that are available."

Right now there's huge concentration, but as this continues to build out and we see north of the high 30s GW by 10 years from now it'll be almost a requirement to keep some type of locality based risk assessment and to diversify. 

I’m also an active member of the local landlord association in Joliet (JRLA), which has been a great resource for networking and education.

Its market-ready condition and strong local demand made it ideal for a fast, profitable transaction, aligning perfectly with Partner Driven’s strategy of securing high-yield properties in promising locations.