If wall is not well established, your personal assets could be held liable to liability from LLC

Unfortunately investing out of your area carries with it certain risks, especially if you're not well established/capitalized.

All very true for an established industry and established/stable market. 

More established brokers put years in and no longer typically take that business.

I will supplement by wholesaling and possibly flipping with partners once established in a market and cherry pick the deals for my BRRRR portfolio.To begin virtual wholesaling Find a virtual mentor Hire Virtual AssistantBuild buyers list Pull prospect lists to text Find photo/video provider Text and Funnel leads for qualification Contact qualified leads to better understand their needs Run the numbers Hire photos/vids Negotiate terms Distribute details to buyers list and sell to buyer

Establish a track record now so you can attract PRIVATE CAPITAL.

If you are getting antsy for a quote than get one from a more established company that has the staff to support getting quotes out fast.

You can receive a large one-time sum, or you can establish a line of credit to draw from.Once you’ve figured out where the remodel budget will come from and how much you have to spend, set aside 15 to 20 percent of those funds for those expensive surprises that almost always come up during a renovation.

It may sound like a waste of money but while active duty you will be a dabbler and traveling, you’ll lose substantial money by not establishing a team.

I was told my credit score would be excellent to start getting loans to get I to what it is I want to do.I’ve heard many things about Detroit and how people are scared to invest in a city with high crime and all of this stuff, but for some reason I see a huge potential provided that due diligence is used when finding homes on certain streets and certain neighborhoods.My real issue is that I want to try and establish a network where I can purchase homes in bulk, fix them up, and start renting out to tenants but I’m having a hard time formulating this network when I live so far away from Detroit.