In our markets we pitch the floorplan we have and build cost and then help identify lots that can be built around and analyze the submarkets to see where the investors and us both agree to be the best fit for their strategy (hold or sell for a profit since we build about $155 a sq ft with margin and homes sell for $219 per sq ft on average) and based on that we build it on their construction loan.

DAY 1: FREE FOR ALL MEMBERS: 2024 State of Real Estate, with Dave MeyerDate: Monday, January 29th @ 7PM ESTUnderstand what happened in the real estate market in 2023Learn what to expect from the real estate market in 2024Adjust your investment strategy based on the latest market conditions10 new tactics to drive your investing success in 2024DAY 2: Fantastic Deals and Where to Find Them, with Kathy Fettke and Henry WashingtonDate: Tuesday, January 30th @ 7PM EST Discover Henry's fool-proof strategies for finding killer dealsExplore Kathy's top markets to find deals in in 2024 Understand key migration and development trends to focus your deal-finding effortsDetermine when to confidently jump on a deal and when to "wait it out" DAY 3: Investing in 2024 Panel Date: Wednesday, January 31st @ 7PM EST Learn which certain strategies promise the best returns in 2024Understand when to stick to your strategy and when to pivot your approachDiscover insider tricks to keep your investments safe and profitable in current conditionsFind the best strategies for maximum portfolio growth in 2024 and beyondDAY 4: Uncovering Hidden Value with James DainardDate: Thursday, February 1st @ 7PM ESTBecome a better investor with a confident, value-add mindset that will give you control of your returns even in tough marketsLearn exactly how to create your own equity and cash flow with a low-cost, high return renovation plan Learn to see the value that others can't and confidently buy winning deals with multiple use options and exit strategiesOptimize your existing portfolio's cash flow and equity through strategic construction and rehab👉 Learn more and register here: biggerpockets.com/virtualsummit

With the third of the ten strategy / fact-finding meetings pending, I wish I'd signed up a year ago.

My concern is the service is quite expensive for the first three months where they help you plan you strategies for investment  path.

Looking for deals out of state may not be a bad idea, although I would not recommend it for a new investor unless you have good knowledge and have had time to study the market you want to invest in.Another option is to tweak your strategy a bit, and instead of looking just at the cash flow, you look more at appreciation, which brings me to your comment about having missed the boat.

As long as you develop your Core 4 like David Green’s mentioned in his long-distance investing strategy (realtor, contractor, property manager, and lender), you should be able to invest anywhere with confidence.

We are not sure where to start with choosing a new investment strategy.

"Check is in the mail" Literally one of the the oldest scams created.

That's the really the first thing to figure out, if conditions even warrant or allow this strategy. 

@Helen Brennick The BRRRR strategy is great but keep in mind what @Travis Timmons mentioned.