We’re currently working on increasing our income to accelerate to the first property but it seems like it’s near impossible.

I agree that finding a "good" property manager can be nearly impossible, and the accompanying headaches of doing so while out of state are probably not worth it unless you plan to move back to Utah in the next few years (2-3?).

That seems close to impossible in today’s lending environment…

Evening BP community...question for the Lenders in the room that are smarter than me...So I have a potential deal...and this is how I would like to structure it...if possible350K purchase price on a SFR...80 % conventional...20% seller carry back @ 6.5% 30yr interest only with a 5yr call...and perhaps a 2yr prepay to guarantee yield to sweeten the deal for them...is this structure possible in today's financial world...is there a better way to structure the deal...This would be a fix and hold that would require around 40/50k in rehab...my numbers will work and have a little cash flow...which is damn near impossible in CA these days...How whould you do this deal...is there a better way to structure it...Thank you all for you input...and BTW...if your a Lender in CA...or lend in CA...reach out...thanx again 🤙🤙

It's was also next to impossible to get through to anyone so my wonderful agent had to get involved just to get my housing situated.

However, as it is with any market, there are exceptions and nothing is impossible.

Diversification is key to risk management, the worst case scenario if you go all in on real estate is another 2008 which isn't impossible, so I would plan around that happening so that you can always be secure. 

Trying to manage from out of state is tough, but overseas may be nigh impossible.

From what I read online, it's fairly impossible as it can seep through walls, which seems to be the case here. 

Austin was down to one day a week at one point which makes it almost impossible to maintain a yard