Regardless, investing out-of-state isn't any more risky than investing in your own area - the difference will lie in stretching your west coast dollars a bit further.

It should be based on how much equity you have and what your tolerance for risk is.

Timimg the market is risky, plus I just sold one Jan 4th.

I looked into the units available over the last few days and it seems a bit too risky for a first purchase as it really restricts any possible exit strategies if the seasonal rental didn't work out.

Is this property (A) a bad move, (B) to risky for private lenders?

Some may say I made a risky move and I agree.

This sounds like a risky purchase but they have a proven track record with about 7,000 homes in multiple states.

This makes these markets inherently less risky, notwithstanding the fact that market values are underpinned by real economic growth resulting from a historic rise of the middle classes as opposed to an economy propped up by ultra cheap debt.

There is simply no other brokerage that has the value proposition eXp has.

Most of my friends are software engineers.I have realized (but have not proved quantitatively) that giving a mortgage to software developers is less risky because they are in super high demand.