Key questions to ask include:Their experience with out-of-state investors.Knowledge of the rental market in Cypress, Katy, and Sugar Land.Experience with investment properties, particularly single-family rentals.Their network of local contacts, such as property managers, contractors, and inspectors, which can be invaluable for an out-of-state investor.Technology will be your ally if you are an investor from out of state.

However, I would appreciate further clarification on what you mean by having a Plan B, C, and D.In my experience playing the BRRRR game on a smaller scale, typically with homes valued around $200,000, I have found that it can be challenging to generate significant monthly income, Instead, the focus is often on building a portfolio without having to make substantial out-of-pocket investments, which is indeed advantageous.

I'm eager to learn from your experiences and insights.

I would say research is a lot easier when you are looking to confirm an answer rather than find one.How I determined that the info provided by a “random” is true:The gentleman that answered my question seems to be a CPA with his own firm and 25 years of experience (unless this is an elaborate hoax with no apparent end game). 

Thanks in advance for personal experiences & recommendations!

House hacking in San Diego provides opportunities for equity growth, increased rental income, and hands-on property management experience.

If you did not do independent appraisal and inspection, you experience what 170+ investors experienced.

Craft a polished Airbnb listing with stunning photos, detailed descriptions, clear guidelines, competitive rates, and enticing perks.When running your Airbnb, the key is to focus on making sure guests have a great experience.

Message me so I can forward the contacts I had good experience with 

You will get some experience with this deal, and learn how to apply that going forward to future investments.