My clients tend to buy in sun belt states where a lot of growth is happening and national retailers want to be.When investors get to where they have millions they are willing to take less yield for a headache free type asset.For 2,3,4 unit multifamily properties call around to property management companies that have units listed for lease.

Thanks BP nation!!

I actually chose to invest in Denver because I think it is the city with the best prospects in the nation over the next 40+ years!

In this post - I will attempt to highlight some of the things you should be looking for as you browse around town looking for a property manager. 1) Are they members of the National Association of Residential Property Managers (NARPM)?

As I've read repeatedly many are expecting a national cool down in real estate.

The good/safe investments fall in the B grade neighborhoods, the lower grades have lower class tenants and the new builds will never rent for amounts that cover your expenses, unless you're Airbnb'ed them for the Republican National Convention, then that's a different story :)Enjoy exploring the new city!

National average should be $2000-$3000 per unit installed.If the area does not have central air, why are you trying to install it if the tenants expect wall units and there is no significant return on the investment?

Tom Pelton has provided leadership in both non-profit and business environments on a local, national, and international level.As a Leader in Community Development, Tom Pelton built a network of leaders in 23 Countries.

One complication is that taxation from real estate can be different for a foreign national investing in US real estate.

Currently, I am working at the Walter Reed National Medical Military Center in Bethesda, Maryland and currently reside in Gaithersburg, MD.