I live in San Diego and Im also looking to start investing out of state with little to no experience.

I assume there is no lender origination fee in this scenario, which isn't abnormal as most DSCR lenders face brokers at 0% origination.

Each time you move to a new location you are going to be starting from scratch, and it's going to be incredibly difficult to rehab a property in a brand new location out of state with no team in place.

We wire money on occasion from the US to PR and vice verse. no tax implications for moving money. or we also use US banks for PR income.

This truthfully offers no additional liability protection.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

New company with no real track record2.

It's supposed to ensure there are no surprises after closing.

And it's not likely to get bad because there are no metropolises here that pass those kinds of laws.

Took a course from someone I knew and seemed like a good way to get your foot in the door with no upfront investment.