I'm a rookie investor who hopes to start investing out of state but would like to mitigate some risk i take on due to not having feet on the ground who are invested in the property.

@Frank Jennings this would be a tricky and potentially risky situation if it were in my market.Sometimes properties are grandfathered in due to newer zoning regulations and minimum lot requirements.

You won't get insured and the risk is too great.

risky! 

Too much time, too much chasing people around, maybe risky.

You can pull the permit yourself and use an unlicensed contractor but that is a risky game.

Condos are risky in that you have absolutely no control over what gets done and at what cost.

Is it risky - the property cash flows really well so not worried about paying the loan just don’t know other risks of heloc a if there are any?

Hi. My mom and I have wanted to get into real estate for a while now and we've started looking. So far, everything is a bust. We have come across an 8 bedroom house in a college town. I was intrigued by it because it'...

It’s an all-in, all-the-time proposition.