Easier to leverage up after the fact than to leverage down if you don't hit your projected numbers and run into some speed bumps (or a brick wall) as is apt to happen out of state.

I'm thinking that the best way to get started is to assemble a small team so I can hit the ground running on *out of state buy and holds.

Do it anyway and just take the hit on rents. 

Work from anywhere you can hit your #'s - minimal 'meetings' ect.

He has closed many, many wholesale deals for us, and we are now going into business together to launch Investors First Title Agency to serve even more investors in Northern and Central NJ.   

I live in San Diego, CA and  currently own a rental condo in Northern California.  

Now, if retail market price yields 1% and you can force appreciation through buying and rehabbing right to hit 2%, that's another thing entirely. 

There is a monthly meet up hosted by @Joe Fairlessin Northern Cincinnati.

Borrowers should expect lifecos to hit their allocation targets earlier in 2016 due to the absence of attractive CMBS debt.In summary, financing is readily available for multifamily properties in most markets, and lenders will continue to compete heavily for higher-quality properties and borrowers.

After reading the blog "The IRS Hit me With a $10,000 Penalty--and it could Happen to you, Too!"