Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

Just like investing in larger commercial deals, they have economies of scale so it’s likely that it’s also more efficient to wholesale larger deals over smaller ones

Although it won’t change this event, ensure that your lease addresses plumbing issues moving forward.

Leeches and other bloodsuckers preying on those who are newer to real estate.Brokers and agents are relics trying to hang on to unnecessary commissions and wasted money when technology can do almost all of it without all the horrendous commissions and charges.It is called an efficient market.

While I know that there will be a steep learning curve when I get started (my timeline is mid-year), I'd like to mitigate the mistakes I make, to ensure that I don't get frustrated too bad in the beginning!

The loan is not recourse to the retirement plan member.Work with a tax professional who knows what they're doing to ensure the 401k member isn't incurring UBTI via UDFI.

In other words, think of the areas where your profile poses a risk to a lender’s assets – and ensure that you are capable of mitigating those risks.

Using the right insurance company to ensure properties that are vacant is not that expensive. 

Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

It's the biggest task I have on my plate for the upcoming years and I have somewhat of a plan, but still trying to figure out the best and most efficient way to get good used homes into m parks at an affordable price.