Building a team out of state is harder than it looks and finding a good property is even harder given you dont have the knowledge of that market nor do you have the team and contacts in place.

@Tara Daniels Thanks Tara I appreciate the time you took to help me and I will be in contact if I run into a question thanks again

In my market, a security deposit or cleaning fee on my rental would result in almost no bookings.Hop on craigslist and/or Zillow or call a local real estate agent to get data on actual long term rental prices others have paid or are currently offering in the area.

The USGS has monitoring points for those concerned about river and stream levels, and the National Weather Service also provides graphs using data from the USGS.

Our portfolio is finally passive but it took many years to get there.In today's market, generating lots of profitable deal is the time challenge for investors (not PM) and it takes networking, marketing, and direct to owner contact; so, we have pivoted to more passive investing with others who have full time staff dedicated to deal flow every day. 

My questions are would you need a license of some sort for this, if not do you just start by finding a property with a motivated seller and contact them and begin negotiations?

In neither case is there data to support your purchase.

I would begin with contacting realtors who have listed the types of properties in the locations you are interested in and tell them what you are seeking. 

Hi all, I am a wholesaler in the Bloomington, IN area and through my direct mail and diving into the market here I have found a lot of buy and hold investors but have only come into contact with 1 or 2 house flippers.

Looking at historical sales data, the average home sale price has risen dramatically since 2010, which leaves me thinking it may soon plateau and decline.