Not to mention that mentally it is easier to buy a house hack for your first investment, than a long-distance rental.

I'm sure many New Yorkers would be just fine skipping the crushing daily commute into "The City" to work from home, if it were possible.For me, the implications of this trend extend far beyond New York.

If you are in that boat, it is really hard to make the leap to long distance investing (at least for me).  

I have the flexibility to move wherever in the country to manage the properties anywhere, so distance is no object.Does anyone have any suggestions on low maintenance options for 250k cash to leverage into a 1mil loan?

Does anyone have any suggestions for the best neighborhoods to start with (safe, likely to appreciate, ability to commute downtown)? 

And to manage them from a distance. 

Hi BP community,Im looking to do long distance investing into south florida- * first time out of state investmentA friend of a friend found a condo that we will offer $70k cash.

Because we are long distance investor, our loan requires us to "utilize an established third party MF manager acceptable...." basically, PM firm should have at least 5 multifamily properties of 5+ units under their management to qualify. 

My first thought is to focus on retention by hosting fun but "social-distancing" community events such as a complimentary fitness class via Zoom (since gyms are still closed).

I am reading David's Long Distance real estate book, watching webinars, listening to podcasts, etc. and am open to investing ANYWHERE with about $20K cash.