I know there are some investors who have been successful investing out of state but we have been more successful investing local than we have been at investing out of state (my family has one out of state property left (Alabama lake front) that will likely be sold in the next couple of years - and we virtually never sell).I am a big fan of investing in So Cal (if you search my posts you will see my list of advantages of investing in So Cal).Good luck

And even though virtually every sponsor agreement allows me to share investment information with others who might be advising me on it (especially when club members are bound by an NDA), I still ask the sponsor if I can share it, because it's a test.

Another route I am thinking about is virtually I have an agent Family member in Florida and think we can both take this on together.

The RLTO (Residential Landlord Tenant Ordinance) has ZERO wiggle room; no matter how well intentioned you are, you will not be able to satisfy all the requirements of the RLTO in a way that makes sense.In virtually every scenario you will be better off with a non-refundable move-in fee.

I have three markets of interest two appreciating that I STR in and one that I LTR because its low entry and high rent but virtually no appreciation.The key with out-of-state investing is having a local team you trust to coordinate buying/rehabbing/managing your asset. 

---So, learn the neighborhoods where you plan to invest and use Google Streetview to virtually explore them.3) Poor Tenant Screening - they typically can't sell a property until they place a tenant.

I would love to connect with you virtually and discuss real estate investing!

@Joseph Udofia I would enjoy participating virtually if that is an option? 

You want a Broker to allow you to work under there license, to open your own PM Company, only doing PM, and are confused why no brokers jump at this opportunity to let someone with virtually 0 working knowledge to "fiddle" in one of the single most regulated industries, with their license and liability....... 

What about having a virtual assistant that answers your google voice number so that someone is always answering your calls?