You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.

This is a tough investing environment with labor costs so high, in particular in NY. 

@Eric SmithGenerally, if the taxpayer sells the relinquished property to an unrelated party, the taxpayer generally cannot acquire replacement property from a related party unless:The related party is also participating in a 1031 exchange.The related party pays more in tax on the sale to the taxpayer than the taxpayer is deferring in the exchange (this scenario is rare).Let’s look who is considered a related party: Spouse, children, grandchildren, parents, and siblings.Corporations and shareholders owning more than 50%.Commonly controlled corporations.Partnerships and partners with more than 50% interest.Trustees, grantors, and trust beneficiaries.Non-Related Parties:In-laws.Aunts, uncles, nephews, nieces.Friends.Domestic partners.Entities owned 50% or less by the taxpayer or a related party.In your case, your mother-in-law, aunts, and cousins are not considered related parties to you under the definitions in Sections 267(b) and 1031(f).

Investment Info:Other buy & hold investment in Chilmark.

It’s a smart way to get eyes on the property without being there yourself.When you’re working with sellers, what’s been the most effective way for you to establish trust remotely?

As far as investing in the short term I feel investing close to home (50 mile radius) is the best option because you have a superior advantage by knowing your market.

Great to see you getting into real estate investing!

Investment Info:Mobile home wholesale investment.

Here are my thoughts:First, your 2.6% mortgage on the rental is an absolute goldmine—it’s a rate we’re unlikely to see again in our investing lifetimes.

Should we just invest in Washington where we currently live?