Whether it be doing all of the groundwork or managing/consulting.I am also in the process of becoming a loan officer and my wife is going to become a Real Estate agent which will help us by having access to the MLS.I am looking to invest in Boyle Heights, San Bernardino, Dallas, Fort Worth, Oregon, Sacramento and Seattle.Thank you again for giving me good questions to work on!

My father provided most of the capital while my brother and I moved out here and have done most of the groundwork.

BryceCongrats on laying the proper groundwork for your investing career early.With 25k you can do a lot.

You'll be a source of finance at every step along the way (CapEx, Evictions, Taxes), but you can make slow-money if your management is in order.The other option for out-of-state investing is having good partners on the ground working for you.

The whole just of this is that having a partnering boots on the ground works much better than a property management company with nothing to loose.

Fortunately, Al will be doing a lot of the exploratory groundwork, to save us some time.

@Christian Ortiz another strategy is partnering with a money person who doesn’t have the time to look for deals or manage the investment.You do the groundwork, analyze and find and manage the deal, and he provides the cash needed and or mortgage.You can then split the profits 50/50.

But I do have a close friend a Realtor, A DIY and and Accountant rolled in one to do the groundwork for me.

Wife & I completed a 1031 into our 6-unit MFU and did all the ground work of finding the replacement without the use of MLS or an agent. 

Short Timer's disease: I am retiring in Jan, but I started laying the ground work in 2012 when I started my first RE investment holding company (Tooker Investments, LLC).