Throughout the years I saved money in safe assets (read: cash/treasuries/etc) and very little in stocks as I started making money and investing during the great recessions and that left a bad taste in my mouth.

I’m estimating having to put in between 40k and 75k for the down payment but would really prefer not to trade for equity in either a new real estate investing company that I would create for this purpose or my current business.

I’m fully vaccinated, and would prefer to meet in person for a drink, coffee, cannabis, etc just like pre-covid. 

It will be my first investment property as well and I really want it to be here, but the prices are too high for my taste.  

In preferred order our lender uses, tax returns, current leases, a letter form us stating what the rent will be.

I swing by once a month to check the salts, chlorine, AC filters and to make sure everything is working as expected and to collect rent if they prefer to give a check rather than CashApp/Venmo.

@Eric J PlatterMost note investors filter by state based on their preference of state to invest in.

Single family home with good maintenance will always be the preferred place for people to live.  

This can be preferable many times if the gain is large enough and/or there would be a large amount of depreciation recapture.

Or is it preferable if the lender is from the same state?