Usually if you're just starting out with no resources or network, its best to stay within 5 hour driving distance should anything need your immediate attention.

I'm comfortable investing long distance if I can get more bang for my buck than in LA.You hit the nail on the head in terms of considering the cost of the house as a whole.Right now, my cash flow is -$2,500/mo.

I am targeting the providence RI area due to colleges and the city starting to boom because Boston’s getting way to pricey (lives there for the past 4 years so I know it’s worth the commute in from Prov) but the taxes scare me a little bit so I wouldn’t mind grabbing units in the south eastern part of mass, like Fall River or Taunton.

Start with David Greene's Long Distance Real Estate Investing, @David Comstock.

Both have their pros and cons, urban areas are great for cashflow however the quality of the property might not be as good and suburban areas are great for quality of tenants and perhaps quality of properties however overall they are more expensive which would reduce cashflow and your target audience is reduced.There are many other factor involved as well, such a your job distance, HOAs, Airbnb potential, etcEither way house hacking is a great strategy

You'll also make connections to hard money lenders over time who can help out.Some great places to start:David Greene's "Long Distance Real Estate Investing" bookIf BRRRR is something you're interested in as well, I also found his book on that subject great as well.If you've got a little bit of cash, Paula Pant's course "Your First Rental Property" is a great intro course that covers all the basics.With your background, you should have a huge leg-up on most of us when you begin the renovation process.Good luck!

Hi, I am doing a long distance fix and flip in a different state than the one I live in.

The same goes for the Cleveland Clinic (#1 employer in Ohio) The average Clevelander commutes 30 minutes to work one-way.

What’s the most efficient and safest way to collect rent long distance?

Hi @Chelsea Jean-Mary is there a specific area within the DMV that you want to live for commuting reasons?