Local banks/CUs will probably have more flexibility and you're more likely to be able to actually interact with decision makers.Big banks will probably have much better technology and offer more services.I've seen conventional loans with down payments as low as 3%.

Technology has enabled communication with a remote CPA through phone calls, emails, skype etc.

Technology negates most of my concerns regarding this.

In all of CA for example it’s difficult to find cash flow so a big percentage of CA investors invest out of state .With the internet and technology these days and resources lIke BP, it can be easier than say 20 years ago .. there was the internet but it wasn’t as advanced and not everyone was online like today .

v=wzYZGj-eByQWe’re not just in Lakewood, sold one in Beachwood in Nov of last year. 

David has accountability checks and balances and leverages technology to be hands-off and efficient in his out-of-state investing. 

I ended up selling my duplex in Nov -it was too hard to manage from afar without a strong team and my tenants were difficult in a D neighborhood so I let it go.

As the companies grow (One is an International technology servicing company serving medium to large businesses and governments; management of residential properties; a wellness and wellness coaching company), we will need more space.

Also technology is a factor.

I was actually referring to the fact that technology when used for bad has the city hostage.