Is there anyone else out there investing in the Twin Cities from a distance that would be interested in commiserating?

My plan is to pick up a multi-family every year for the next 10 years as well as pick up some long distance SFH's.

If you do a second home it will have to be a decent distance from Austin to get through underwriting.

I wouldnt reccomend it for long distance unless you have a really good PM, and most really good PMs probably wouldnt take it TBH.

This is exactly why long distance BRRR or flips is a very bad idea.

If you're serious about RE, I'd recommend investing relatively locally first, then moving to where you really want to live and managing your managers from a distance.

I know people in my long distance real estate investors facebook group that invest in Cincy, but as others have been saying, it has been more difficult finding good deals. 

If your area required concrete pads or anything else like that, plan on much more.Utilities will vary depending on the distance from the utility hookup to the home. 

I have listened to the section on mortgages in both the BRRRR book and the Long-Distance REI books by David Greene for questions but he doesn't go into this finite difference.  

Hello everyone, I am a new investor that recently joined BiggerPockets and I'm excited to start connecting with people here.I currently live in a small town south of PA, about 1.5 hours from DC and Baltimore.I have been thinking about starting in Real Estate for a long time now, but because I have moved so often due to my job I was afraid of buying in my backyard and having to move and manage from far away.This year I talked to my wonderful wife and we decided that it was time to get over this fear and start investing long distance since we will never know what the future holds.