What am I missing?

Are there options that I am missing?

@Rob NewsomInvesting in a state with an income tax may require you to file a non-resident state tax return with that state.States normally try to avoid double state taxation by providing a credit for taxes paid to other states.I would say - look to invest where the numbers make sense based on your critera even if that means looking in a state with an income tax.There are 7 states without an income tax - with your logic, you are missing out on investing in 85% of the united states.

Let me know if I missed any details.

One studio ($375/month), one 1-bedroom ($515/month), and two 2-bedrooms ($695/month each)Total gross rent: $2,280Morgage ($550) + Tax ($300) + Management ($200) + Repairs & Saftey Fund ($200) = $1,280So from my understanding, I'm going to make about $1,000/monthAm I missing something?

Are there options that I am missing?

I've been investing with Patch of Land for years.

The numbers all look good, I’m just wondering if there is anything I’m missing in terms of location or regulations that would turn this into a nightmare.

Am I missing something and this is like a "well known secret in real estate that no one explicitly talks about" or am I just meeting two shady lenders? 

I’m so anxious to jump in but I felt like I was missing something.