Investing out of state seems daunting, but with the internet and ability to communicate through multiple means, it can be pretty straight forward.

My fiancé and I both have good W2 jobs and live in big Stone gap Virginia, but the market there wouldn’t be as good as Bristol, in addition Bristol is just breaking ground on building a hard rock casino in the area, so we think this area it would be good for starting our real estate investment career.

Depending on where you look "on the internet", you see mixed messages about the real estate market nowadays.

Each time I list my rental, I get significant internet interests.

Continuing on the conversation from the previous post, a DTI of 36-43% is a safe range when applying for a mortgage.Tip: DTI calculation should not include: rent payments, utilities, cell-phone bills, internet bills, groceries, or other non-debt expenses that don’t appear on your credit report.

Also, you might try an internet search of brokers licensed in your area & read their sites to see if they mention how long they've been a broker & what their expertise & experience is. 

If you can provide turn key rent that includes all utilities and internet, you’re golden.  

I just sold a 4 acre parcel I owned next to the Graton Casino ..

Potential repairs1 none, I mean whatever misc housework comes up but honestly none that I can SEE key word, SEE as this is purely speculative based off internet pics and documentation23Thoughts: it’s a gorgeous house in a great area that would more than likely get rented out fairly quickly, that said with those quick rentals you never know who you are going to get, and this house is clearly not for many people kind of coalescing, it would be pretty tight, and a little weird having numerous people living in that place, but it could work.

Hopefully we can see a bit of cleanup once we get get problem people out of the units.Up by Ivory Theater and up Virginia and north of Loughborough is more of the sweet spot, but then you get gut rehabs that won't pencil out a return better than investing the same amount in VTSAX.I see properties being mothballed in the area closer you get to the casino on the city side.