But it took a long time, and a lot of persistence.

By that time, I hope to have around 30k in liquid assets to purchase my first duplex. 

The time to get your deals as investors is now not in the spring or summer of 2024.

Deciding between fix & flip and buy & hold real estate strategies depends on your financial goals, risk tolerance, and time commitment.

I was thinking of the ways my work life has changed due to technology advancements since 2000.1.

I am unable to see the applications that have been submitted, as Nomad Lease takes an excessive amount of time to process and review them.

I am very familiar with home sales, having moved 5 times and bought and sold 6 personal houses. 

Any remaining losses are suspended and carried forward indefinitely until such time any new passive income can be used to offset the losses.

For a MTR specifically, a keypad lock and deadbolt seems like the best option so theres no turnover of keys 4-5 times a year. 

Options may include traditional mortgages, private lenders, partnerships, or even self-directed IRAs.Calculate all potential costs including property acquisition, renovations, property management fees, taxes, and maintenance.Property Selection and Due Diligence:Use your local team to scout properties that match your investment criteria.Conduct thorough due diligence including property inspections, financial analysis, and reviewing rent comparables (rental rates in the area).Make Offers and Negotiate:Submit offers based on your research and due diligence.Negotiate terms that are favorable to your investment goals, taking into account potential repairs or improvements needed.Close the Deal:Once your offer is accepted, work with your local team to complete all necessary paperwork and close the transaction.Ensure all legal aspects are handled properly, including title searches and property inspections.Manage Property Remotely:Hire a reputable property management company to handle day-to-day operations such as tenant screenings, rent collection, maintenance, and emergency repairs.Establish clear communication channels and expectations with your property manager.Monitor and Adjust:Regularly review your investment performance and financial metrics (cash flow, occupancy rates, expenses).Stay informed about market trends and adjust your strategy as needed to optimize returns or mitigate risks.Long-Term Strategy and Growth:Evaluate opportunities for portfolio expansion or diversification in the same or different markets.Continuously educate yourself on real estate investing best practices and market dynamics to make informed decisions.By following these steps diligently and leveraging local expertise, you can effectively navigate the complexities of out-of-state real estate investing and build a successful portfolio over time.