Hey, BP community I wanted to take some time to tell you a little about my thoughts on out-of-state investing as many investors stick to their local markets, but out-of-state real estate investing offers unique opportunities that could boost your portfolio.

Hi everyone,I hope this message finds you well!

This also leads owners to ASSUME simpler is better when it comes to management contracts.

You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.

This would also avoid depreciation recapture. 

Have any of you worked on a project similar to this?

Thanks for the information, @Todd Rasmussen. 

So, two questions arise; 1 - can this strategy work in a NORMAL period of economic activity, and 2 - can this strategy work in a difficult economic period?   

Purchase price: $350,000 Cash invested: $12,000 Sale price: $395,000 I bought it as a primary house waited a year and rent it out.

We are in a new era of higher interest rates, gurus selling information, and low supply in popular markets.