This can provide stability and reduce the frequency of tenant turnover, offering a steady income stream over an extended period.Challenges:Tenant Dependency: The success of a NNN lease heavily relies on the financial stability of the tenant.

In out-of-state markets where the odds are better, some investors achieve success.3.

I've been experienced in both searching/negotiating for investment properties and just recently sold one of mine down in East Falmouth, MA on the Cape this past year which was a vacation rental.

I came across this website while attending a WREIN webinar (someone put it in the chat) I want to become a successful investor so that I can pass this on to my children so that they are not stuck in a 9-5 job.

I love educational books like this and a bunch of others that really give me energy to tackle my goals and hustle hard towards my big why (shoutout to Simon Sinek).Right now I feel like my company is on the verge of a huge transformation and a big "level-up" event: successfully offering our first large commercial residential investment as a syndication or partnership/joint venture.

Having the best properties would increase our probability of success by letting us pick the best applicants and not having to simply accept the only residents to apply.

I look forward to reading about your first successful project!

@Tony & Andrea Stephan  It's truly gratifying to hear of your success here, particularly given that numerous operators we know have endeavored to achieve a similar feat but to no avail.Curious to know if this was 131 single family homes, several multifamily properties or one big complex?

Hey Syed, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

As an out of state investor having your "Core 4" (Realtor, Property Manager, Contractor, Lender) is a very important part of your success.