Think very well before investing long distance, i live in Nj and own a condo in Palm beach; Its not easy to deal with tenants, repair, agents etc etc

With that in mind, maintaining a property from a distance is a little bit more challenging.

Fairly new member (officially a couple weeks now) I can’t find it now but I know for certain it said section 4 (hadn’t just dreamed it up)I’ve been investigating this property for a small while description of the property:Commercial-officeZoned R2 multi family Almost $300kSays “structurally sound but need tlc”Been on the market for a few years19593000 square foot 2 tenants at “market rent” on the top floor And a good reviews flower shop on the ground floor I don’t know the sq ft of the parking lotMaybe 5-12 lined spaces or soHigh volume traffic area most days pre covid-19Walking/biking distance to food, gold gym, gas stations, couple banks, grocery store etc. pretty close to main part of town which has a lot more local amenities.Looks to be an REOMy grandfather said that he had a conversation with the lady that runs the shop a few years ago and that she said wanted to buy the building but she didn’t have near enough money to do so.I called about 13 days ago to see If I could pick up a part time day job (second job) left my Information I have a follow up call in almost a week see I can work some birthday magic.I want to meet the place specifically her to see what she says about the place potentially see is she’ll be willing to partner I’m sure there has to be value adds, updating electrical, something has be possible to make the numbers work Last but not least, what is section 4 housing?

Think of commute to work.

You may find long distance investors in your area.I will say that many of the major economic drivers for Pueblo are under attack with this crisis: Healthcare is suffering with non-elective procedures being forced to stop (and one of the two hospitals is perpetually in trouble even before this).

I understand the need to find and build a local team to manage the business or even one single property in the context of long-distance investing but I think such a step will enable me to speak the language.Luckily, I got a brief replay to my email last night from real estate express: Each state has their own requirementNew York info: https://www.realestateexpress.com/real-estate-license/new-york-requirements/ exam prep is the best minimum way to go...Could you elaborate on the costs associated with maintaining the license?

If you are not staying in San Diego, you then either have a long distance rental or you sell. 

It is an in person meetup that has gone virtual due to social distancing. 

There is a balance of where you would like to live in SD based on culture and lifestyle, commute, purchase price, and rent demand.

In other words, evaluate what else can be done via distance investing2) decide whether you want to be passive or active3) in addition to taking to expats, there are plenty of Canadians and folks from other countries investing in US market that are here on BP.