Quote from @Savannah Holzer: Happy Halloween, Lin!!

Condos can definitely be a less scary way for a newer investor to get started and grow from there.As Joe mentioned above, you will definitely want to add in the HOA fees and any other special assessments into your cash flow analysis.

Please share any good tips which I should be mindful about. 

He decided to “walk away” from his investment and executed a deed in lieu of foreclosure.  

Any general tips or advice on forming partnerships with out of state investors?

I just turned 18 a couple months ago and while I do work a 9-5 job, it is my dream to not have to do this forever.

From there that will determine your down payment relative to your total cost of the project. 

I own 3 properties in Costa Rica with other investor partners and it has been a big learning curve. 

If you go into this with the "taking care of families who can't take care of themselves mindset", these people are going to tear your business apart limb from limb.

I’m moving to Atlanta Georgia from Louisiana and going to buy my first property to house hack.