I recently ran into this question with my remote multi-family property so want to see whether people have any thoughts or what should be normal practice.I hired a local 3rd party property management company to help me monitor operations, manage payrolls, and handle issues for my remote multi-family property.

Look for areas with job growth, population growth, and infrastructure development that can drive demand for real estate.Networking and Education: Connect with local real estate investors, agents, lenders, and other professionals to gain insights, knowledge, and potential investment opportunities.

You can try reaching out to local real estate agents as they often have access to off-market properties.

Partnerships with people you don't fully know can get messy pretty quickly so in your scenario I would go to a local bank and get a construction loan.

I see that you are local to the Grand Rapids Area.

I'd personally recommend a local lender for something like this.

A lot of out of state rental property investors and even local landlords prefer buying new construction homes that need as little maintenance as possible.

I hope to learn a lot here and maybe meet some local investors. 

Here to help and also local in Salt Lake City.

Hi, I'm a looking to network with any private lenders who are local to Northwest Ohio.