@Hansel GunawanIf you're not able to invest locally, you should invest out of state.

I just listened to episode #1769 of the Real Estate Syndication Show with Whitney Sewell, and him and his guest Lance Pederson mentioned something particularly notable I wanted to pass on and share with folks.That being that it takes a while to build relationships with passive investors before they invest with you.

Easily beats the 1% rule and cash flows2) Taxes pencil out fine and deals cash flow3) Michigan is considered a swing state..Detroit isn't notably hard on landlords.

For example on a $1.5M purchase of an oceanfront STR, the inspection had notable concerns.

Since my units are not instagram worthy, I'm not able to charge rates anywhere near what I would need to make the extra work involved with STR financially worth it!

At the commencement of the year, a statewide price correction was evident, but the constrained inventory coupled with sustained buyer activity led to a notable resurgence towards the end of the preceding year, resulting in properties selling nearly 2% over their asking prices.

Result is I was able to house hack for free back then living in one unit, renting out the other two, I am not able to do so now. 

On the first occasion, I reached out to a realtor recommended by a family member but was not able to get consistent engagement and the home that I was interested in purchasing went contingent before anyone could even get out to see it.

If the 1st offer is not able lab over my mao?...  

Does this seem like a giant overreach by the county gov. to anyone else or am I reading it wrong?