Assuming you either work remote or you have employment lined up in the new state, then I'd image your MLO will tell you that you're clear to buy a new home financed as a primary residence in the new state.

BRRRRs are hands on and the more attention they get from you, the better they will turn out.if you buy a random midwest property and try to manage everything remotely without seeing it or managing it in person, please proceed with caution.

I can only attribute those realizations to my inexperience and not asking for more/specific images of property as well as, being rushed into the closing by my agent and being too afraid to slow down the pace.

But that does not mean you can just have a random property in a random city that does not see a lot of destination travel and make 10k a month any more.Also as someone who clearly looks to increase their net worth by investing in real estate. 

But in all of their random math calculations, they cleverly omit the most important item....How much TOTAL are you paying each month.  

To exacerbate the negative image of investors and developers even further, we have the countless stories like those of Peter Hungerford and Rochester Asset Management that have been used as powerful ammunition in their fight.

I image their is a huge need right now for rentals.

Then pick random deals to underwrite.

So we will mutually sign an Assignment Agreement of the contract showing that the you are taking over as the buyer, and that you have one business day to get your non-refundable EMD into escrow, so that we can make sure you don't randomly get cold feed right before the close. 

I was just hoping to not have to crack open the phone book and pick one at random.