I can't find it now, but that is what I remember.Regarding the transfer of the title, I did a survey of lenders a few months ago about valuation of a working STR vs just a house and LLC title transfers.I surveyed 10 or 12 lenders.

She will be finishing up her doctorate and finding a job and I will be finishing up my degree and getting a better paying job (hopefully) in the next 6 months.

Would love to help you find your first deal in your home city, let me know if you need anything!

I've also since realized that I don't think my personality matches up well with the thick skin needed to be a landlord, and the deals I've found (yes, I know many can say I'm not finding good enough deals) don't have a ton of room for property management fees (or if they do, they're in areas that I would never want to have to go - and I would if something ever happened w property management). 

Hi Quynh, the main questions you'll want to find out as you look for a loan on this property are:Does this property need rehab, are you looking for a bridge loan to secure it quickly, or are you looking to hold this as a long-term rental?

Time sink: takes so much effort and time while working full time.Option 2: Buying Rental Property in a Cheaper MarketPros:Time to cash is immediate is about 40 days from closing time.Landlord friendly: which means eviction and rent control in LandlordDiversification: Investing in a different location spreads the risk.Property Appreciation: Some emerging markets might offer significant appreciation over time.Established Rental Market: Easier to find tenants in established rental markets with a high demand.Potential to build an ADU: i can build on the property land.

(Definitely not 4-digit-$$)Need your honest thoughts and inputs on this :)  You will need to bring more to the table for this to be a service that investors find valuable. 

Great purchase price and ARV in an A class area that is growing rapidly How did you find this deal and how did you negotiate it?

My best advice for those who are looking to invest out of state in any market is finding a solid investor agent (someone who invests in real estate themselves) because they can plug you in with their systems, processes, and real estate team (contractors, lenders, property managers, etc).

If you find one that house hacks better that's when I'd consider moving. $700 a month on rent you're paying what $1000 for living expenses.