Other locals with similar experience had mentioned that this scenario might not be the best fit and it turned out to be correct.

Some credit unions or local banks offer portfolio loans that don’t stick to the 4-unit limit, which could work well here.

Unfortunately.. locals will still be upset either way.

This deal came through Partner Driven's local network in Windsor, NC.

Investing in Wisconsin and Illinois is a great move—both states offer solid opportunities for multifamily and single-family rentals.If you’re looking to connect with like-minded investors or agents, I’d recommend joining local real estate meetups or REIA groups in the areas you’re targeting.

I'm from Franklin, which is about 20 miles south of Nashville, and I'm very familiar with the Greater Nashville area growing up here.Feel free to reach out if you're interested in connecting and I'm happy to be a local resource.

Start by networking with local investors, identifying target neighborhoods, running numbers on potential deals, and lining up financing so you're ready to act when the right opportunity comes up!

Going to start by checking into local REÍ meetups and talking to some friends and family that are doing what I’d like to.

Nevertheless I am local now and I have that real estate desire (which never went away).

@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)