So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.

Inherently the steps are the same as if you were purchasing with financing save potentially less closing costs and ability to close sooner (if needed).The terms of your offer (ie -contingencies, closing cost splits etc) will determine what is different. 

Would love some feedback before I make the initial buy in. 

I initially looked into Baltimore, but after some research, I noticed the population has been steadily declining, so I’m not feeling as confident about that market. 

Quote from @Carini Rochester: Since you inherited the house, you get the stepped up basis.

@Brandon TylerThat’s an exciting step—getting your real estate license will open up so many opportunities to learn and grow!

Starting out in real estate can feel overwhelming, but breaking it into clear steps makes it manageable.

I own a duplex in Clermont, FL just outside of Orlando and initially wanted to split water meters between the two units, but the cost and amount of work were higher than expected.

This involves working backward from the final aim to determine the steps.

Maybe I’m wrong but I had to do that on our STR (Ring) and Wyze also requires close proximity on initial setup.