A colleague here in CT has put together a rather useful, free brochure summarizing CRE customs and tax considerations in all 50 states.See http://www.reiadvise.com/top-ten-states-cre-investment/#tabs-2413-0-1Please contact Alan Blair at REI Advisors via the contact info on the right side of that web page if you want the full brochure and if you don't mind, mention this BP post.

But thereagain, you have to weight the considerable HML cost.

Some of these buyers are going to get caught with their pants down when they discover they own an unrentable junker with exoribant tax bills attached to it.Yes, so trueLots of junk stay clear from this stuffThe problem is these out of State investors don’t understand what and where to buyI am buying in Detroit as its on the rise.

When interest rates begin to rise sharply, 2106?

I have already spent a considerable amount of time reading the blogs and listening to the podcasts, BP is exactly what I want/need as a beginner investor.

I paid my sellers consideration amounts and arranged for mobile notaries to go them at their convenience.

It has a stigma of "expensive" but with the recent meteoric rise in propane prices that may change.

The market supply is seems to be depleting and not being replenished causing sharp rising prices.

I have also done a little private lending, though not related to RE.My main goal at present is to educate myself across the board so that I might better identify future opportunities, or refocus current holdings.Without getting too far into the details of the various considerations, these are some toplines:1.

@Josh PrinceIf the agent is really the end-buyer, I would push back on paying him a commission, but otherwise give the deal serious consideration.