Every new investor who thinks they will make a fortune buying C and D crapboxes in the Midwest needs to read this…… 

These are real costs that hit your bottom line whether you like it or not.The biggest mistake I see from new investors is taking the revenue and minusing the mortgage payment and calling that cash flow.

.- Local suppliers: Many investors find great deals at local flooring and building supply stores.

And another: Yes, my husband had a felony conviction 14 years ago, but it's been so long I don't remember what it was (say WHAT?)

I'd say about sub 20% are truly great, maybe closer to 10%.Finding a truly qualified, legit investor-friendly agent is a unicorn.

I have plenty of time while I am out delivering for UPS.I set a goal 3 years ago to become a Real Estate Agent and also an Investor.

Since many investors are now open minded and seeking absentee investments in other geographical areas having a national lender in your arsenal will allow for a lender with familiarity with your portfolio or goals when a 'dream' property or 'too good' to pass up investment property pops up in that town you've been looking into. 

Hey Austin, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

I have the same question, but this issue is more complex when an investor has multiple investments in different states with federal passive losses carried forward from multiple states.I doubt that states intended to allow non-residents to not pay state income tax by offsetting state sourced income with non-state sourced passive losses.

I fell in love with helping new investors create their legacy and wealth.