The biggest mistake I see out of state investors make is relying on others too much for direction and guidance instead of doing their own due diligence and building their own team that they actually meet and interviewRelying on one person who alleges that they have a 'team' built already that you can use as well can be a costly mistake.

You’d be shocked by how little actual screening many PMC’s do!

After more than 450 deals, everything just seems to fall in place, abundance of leads and lenders throwing money at me.I actually believe this is possible for a lot of people in our industry.

Of course the listed price may not be the actual rented price, but by tracking several listings for a while you can gain a better understanding of the market.

The reality is there’s too much space to fill up as part of the gentrification.

That's just reality of it. 

In reality this strategy still works, but we are having to leave more of our own money in the deal because prices are high and/or rent won’t justify maxing the cash out refinance because interest rate is high.

Quote from @Benjamin Weinhart: I personally think that a lot more happens on the tariff side of things than actual income tax law.

But if you're trying to get an exclusive deal, the reality is that you probably have less bargaining power because if they want $296.10/sq ft they know they can put it on the MLS and see if they get any bites.

.- Jasper / Pat AboukhaledTurning investment visions into reality in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC