I've reached out to BP to see if there is a waitlist and way for me to sell and properly transfer my space to someone desperately wanting to attend.

My family has property there and honestly there is a lot of In-Law style units that are already there which the gov has just looked the other way on, this is a move to make it official..

Gov't officials basically caused the housing shortage and now want to punish the homeowner/investor. 

Just know them going in so that you can properly budget.

Just know them going in so that you can properly budget.

That's super helpful to know and I may dm you if I have anymore questions once I get the property under contract.In case anyone is wondering I spoke to an appraiser friend and he said there's no official rule on how to appraise HVACs vs mini split systems.

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.

If you can self-manage locally and are willing I'd also stay local for that reason, saving 8-10% on a PM and getting firsthand knowledge of how to properly manage a property will help you a ton once you do upgrade to using a PM.As others have said, there are other risks associated with buying out of state, if you have the capital to manage and weather any storms you may run into from afar its not out of the question as to whether it is worth it but as a new investor you truly do not know what you do not know so I wouldn't recommend investing long-distance.

I don't think people understand how much time goes into properly evaluating a home and putting together a solid quote for work. 

Otherwise, people can easily become discouraged if they don't meet that "milestone" in 5 years.Debt is a tool that is very useful and very powerful when used properly, but can be a very real game-ender when utilized foolishly.