How is everyone who is investing out of state doing their due diligence?

Bought $34,900 cash, have contractor quote $10-15k to renovate, comps/ARV $70-80k, $900/mo rentThis last month was our first time actually visiting the state (from WA), as we were under contract for a larger deal that fell out on due diligence.

If it were me, I'd have to check pretty diligently on the other rentals in the area, to try and find solid comparisons (seems to hard right now 8/26/2020).  

Hello All, As a new investor, I have been seeing comments on potential deals that the buyer needs to do their Due Diligence.

The decision to move forward on buying a property is always on the investor themselves, and proper due diligence should be done, so technically it's not Roofstock's 'fault', but I feel like Roofstock can be a bit risky for a new investor.

With each deal I learnt about the gaps in my on-the-ground due diligence which just can not be done on internet.

I undertook my due diligence and put together the scope, also finding out that we could demo the rear house and rebuild a MULTI-FAMILY in the future -- it was already zoned for multi!!

The captured equity is a down payment on a 500k-700k ( have to consider due diligence and closing cost - 224k won’t get you a million property the conventional way but depending on the market; it can get you 15-30 doors) multi- family.

I would also save some of it for contractors during due diligence because a wrong estimate can make everything else that you do obsolete.

Due your due diligence and if you are comfortable with the numbers, go for it.