I have no prior knowledge or experience of this side and could not find credible sources online.How does this borrowing part work?

Happy to connect and share my knowledge and insights on out of state investing. 

STAY AWAY.

Agreed,Lot's of deals to be found in Ohio.Tougher nowadays but still enough to stay busy.Just to answer the OP's initial question also.Loosing on a deal in the first few years is risky business.When I first started investing in 2010 and back home in Australia, I built a large portfolio and fairly quickly.Lot's of debt...Monthly mortgages where costing me more than I was generating in income.It was a slow bleed so I decided to liquidate and move to cashflow friendly markets in the US (Specifically Ohio).In hindsight, those same properties if owned today would have made me millions in capital gain profits.So if you are looking for an appreciation play, make sure to have enough income from your W2 or other means to withstand the slow monthly bleed until the properties appreciate so much that you end up being in the green even tho you bled monthly.Again, very risky business IMO.Much success

It's crucial to consult with a tax professional who is knowledgeable about self-directed IRAs, real estate transactions, and UBIT to ensure compliance with current tax laws.Given the intricacies of tax regulations and the potential consequences of mishandling SDIRA transactions, seeking professional advice is highly recommended.

Or most just stay in real estate?

I already belong to an apartment association, but sometimes I feel inadequate because of the knowledge gap in certain areas such as tenant problem resolution, and mediation as well as navigating the do's and don'ts in our wonderful landlord-unfriendly state.

I would love to stay in touch to see how it goes for one another.

After that I told them I think it would be best if we just stayed on our own land just to keep it simple.

Hello, my wife and I invest here in Denver and in KC, MO. We'd like to take a deeper dive into the Wichita, Kansas area to get some understanding of what folks like and dislike about investing there. From a cursory lo...