You can make real estate work in any market - I would consider investing in a market that you know.

Also happy to answer any questions about the process if anyone's considering adding them to their marketing. 

I probably won't withdraw it, so the long-term tax savings and asset protections are appealing.Anything I am misunderstanding or not considering?

I am also active with Flips and own a few 4 plexes...Im a licensed NM Realtor would be happy to help set up a few searches, look at properties (Virtually as well), and tell you more about specific areas of town with the pro's and con's of each. 

I appreciate any feedback.Regarding Insurance, personally I would never have someone else (A Lawyer) handle the insurance on a Sub 2 deal or any other real estate deal for me, you would be setting yourself up for failure.First of all now you would need to get a POA for the attorney from the seller, that may not be your best move.

Have you considered creative financing options like joint ventures or seller financing to reduce reliance on outside capital?

Consider consulting a real estate attorney or CPA to determine the best strategy based on tax efficiency, future sale plans, and estate considerations.

@Simon PoweYou should consider joining the Cleveland real estate investors club for partners and leads.

You still need to consider interest cost.  

Hey Zeina,If you’re looking for a solid rent-and-hold market outside of California, Detroit is definitely worth considering.