Being a new OOS investor myself, I would love to learn more from fellow OOSIs.

@Pradeep RoyI'd prefer LVP, but that certainly wouldn't be an issue for me if my overall numbers/returns on the deal met my criteria.

The laws need to be changed.

It'll be beneficial to your learning.

That being said, many mortgage brokers and mortgage bankers lend in multiple states.

It won't be easy at first and once you master that one, get really good on your 2nd, 3rd, etc.

I am interested in buying this property as well as it shares a backyard.

Rents are anticipated to be 2250/mo so it fits nicely with the 1% rule. 

The new homes will be mostly built in the burbs, and I expect as we move forward outside of many city limits or in smaller cities where the builders can control the narrative with less regulations, less inspections, less red tape, lower requirements.Due to the number of people moving though, we'll see some urban infill as well I expect. 

The seller actually paid less in fees to sell the property off-market. (6% of $2.8 million would be $168k) He also got a quick and easy sale, and the buyer locked in a solid discount on the deal as it had recently appraised at $3.75 million What was the outcome?