The majority of out of state investors I've sold properties to have used larger multi state lenders the majority of the time.

Investment Info:Small multi-family (2-4 units) buy & hold investment in St Augustine.

The problem with BP answer is folks here answering multi-dimensional problem with single set of answer.

Have read similar issues among all different investors.

I am a Small multi investor in Reading Pa looking to network with or help others in Reading /Lancaster Markets.

Sounds like a lot of the issues are related to proper communication from BOTH sides,

We are looking for houses that are real rough and need pretty much everything but I'm staying away from homes with major structural issues which I have run into quite a bit so far.

But I am finding David Lindahl's books on multi-family investing to be of use.

Now there may become issues now with paying expenses for the investment because now that you own 10% of the property in your personal name, you would be responsible personally for 10% of the expenses of that investment.From my understanding, the need for depreciation is not needed because the IRA is in a tax-sheltered vehicle already, meaning you wouldn't be taxed on the property for selling.

The age is part of the local neighborhood quality without degrading the asset to an inferior condition.Here is a discussion on MFR asset classes...it gives aome key points for what makes up the quality of an asset:https://www.biggerpockets.com/forums/311/topics/797178-multi...