The biggest pro is that it will give you equity in the deal to allow you to conserve cash at closing. 

To me the biggest question is whether this will cash flow or not with 3rd party property management in place.

My gut is telling me that my biggest challenge initially will be gaining the skills required to have confidence in my deal analysis, but this is ultimately an auxiliary strategy that would compound my savings toward my ultimate goal. 

@Brandon Kowalski one of the biggest misconceptions out there is that out of state is easier somehow.

I own properties from the early 1900s, 1940s, 1960s, and early 2000s--and frankly, the older properties are often my favorites, and are often my best performers.One of the biggest misconceptions by inexperienced RE investors is that new houses are inherently "better" and less costly/less headache to maintain than older houses.

That’s probably the biggest reason why I’ve avoided it.Do you know what my definition of a license is?

Rent will likely be their biggest bill and one of the first to go delinquent when times are tough.

In the current environment, financing is the biggest hurdle investors face.The Fed increased rates seven times in 2022 from 0.25% to a whopping 4.5%.

I'm an oversea investor and i'm starting my journey on REI.When i'm still during the preparation stage and market analysis, one of the biggest challenge i'm facing is the financing.

So that’s not the biggest concern but I’m out of state and this has been a major headache without even renting yet