I just made sure it would be an attractive enough offer to this guy based on what I learned about him and his situation.

It has certainly made managing very easy and their customer support is great.

The low cash down offered by the lender in conjunction with the stable neighborhood made it an attractive investment.

If you focus on getting good at that, the money will come, "A good deal attracts money".

A joint-venture might run, $400-1000 if custom.

Those quick closes are very attractive to sellers and will definitely put you in front of other offers.

Patrick, there’s no obviously bad parts of Medford but I would say that the most desirable areas would be Tuft U adjacent where they’re building a new train and attract a lot of professionals and Tufts students.

as of course the lure of 50 to 60k house that rents for 800 or so is what attracted him..

But as I plan to be less actively involved in property management due to wanting to relocate out of state, large apartment complexes are attractive to me as they justify a PM on site so I don't have to liquidate and move my portfolio.

That being said, I've looked at properties in places like Kansas City and Columbus and they look much more attractive, especially as a new investor who'd prefer to risk less.So my question to you is, if you were in my shoes starting out would you pay more and invest close to home in a pricier West Coast market, or build a "core four" team and invest OOS?