Options may include traditional mortgages, private lenders, partnerships, or even self-directed IRAs.Calculate all potential costs including property acquisition, renovations, property management fees, taxes, and maintenance.Property Selection and Due Diligence:Use your local team to scout properties that match your investment criteria.Conduct thorough due diligence including property inspections, financial analysis, and reviewing rent comparables (rental rates in the area).Make Offers and Negotiate:Submit offers based on your research and due diligence.Negotiate terms that are favorable to your investment goals, taking into account potential repairs or improvements needed.Close the Deal:Once your offer is accepted, work with your local team to complete all necessary paperwork and close the transaction.Ensure all legal aspects are handled properly, including title searches and property inspections.Manage Property Remotely:Hire a reputable property management company to handle day-to-day operations such as tenant screenings, rent collection, maintenance, and emergency repairs.Establish clear communication channels and expectations with your property manager.Monitor and Adjust:Regularly review your investment performance and financial metrics (cash flow, occupancy rates, expenses).Stay informed about market trends and adjust your strategy as needed to optimize returns or mitigate risks.Long-Term Strategy and Growth:Evaluate opportunities for portfolio expansion or diversification in the same or different markets.Continuously educate yourself on real estate investing best practices and market dynamics to make informed decisions.By following these steps diligently and leveraging local expertise, you can effectively navigate the complexities of out-of-state real estate investing and build a successful portfolio over time. 

As for off-market deals, they're definitely a great opportunity but can be tricky to find.

I’m ready to move quickly on the right opportunities and am looking forward to building mutually beneficial relationships.Thanks in advance!

Purchase price: $171,000 Cash invested: $34,000 Bought a 2 unit as a househack, living in the upper and renting out the lower unit.

Purchase price: $2,400,000 A beautiful home nested in Paradise Valley Arizona.

The price is higher and the rents are lower.

To estimate offer price after showing, do you know what are the things to pay attention to look?

Hi @Loreen Flaherty - thanks for your trust and the opportunity to serve you.  

There are lots of scenarios where you can lose money at a foreclosure auction - usually because the sale price plus rehab and future sale costs are driven above the after repair value.

Hey @Patrick Zepeda, I hate to be a negative nelly here but that is a tough area.We have looked there extensively and now that STRs in the Bend city limits are severely restricted, I would be a bit wary of that expanding to the county.Sunriver will always be a STR haven but prices are even more there.