Developing that trust with someone you don't know may seem like a challenge, but if you approach it correctly, you should be able to achieve a pretty solid foundation of trust.The best way is to talk to others who have had an experience investing with the sponsor already.

Hey Krisztian I am from Israel and I have been investing in the US for 10 years.Until 2018 I invested in Single family and then I shifted to Multifamily.All my investing I did from Israel by hiring the right team.You need to decide first what approach are you going with:1.

You could also approach the Seller about Seller-financing. 

I suppose I was approaching the mindset a bit different initially.

@Deepak DaveI'd take a different approach.

I'll definitely take that approach when asking this question in the future.

In a smaller city like Albany I'd make sure that the inventory you'd be looking for in a higher priced multifamily is there, also I'd be flexible in your approach and take whichever option presents you with a good deal first.

The only problem....I approached the rental management like a hobby and not a business.

This is from the actual rules under personal disclosure PERSONAL INTEREST.No broker or affiliate broker shall, either directly or indirectly through a third party, purchase for himself or attempt to purchase or acquire any interest in or option to purchase property listed with him or with his company, or property regarding which he or his company has been approached by the owner to act as broker, without first making a full disclosure of his true position to the owner of the property or to any prospective purchaser for which he has acted for as a client or customer.

Here're a few more posts to help guiding you further: https://www.biggerpockets.com/member-blogs/10850/86621-six-steps-approach-to-getting-started-in-real-estate https://www.biggerpockets.com/member-blogs/10850/85351-nothing-will-work-until-you-do-maya-angelou