Out of state investing
Not sure if this will be a duplicate message I post and it does not show up
So I would like to invest out of state due to my market price in south Florida is very high. I would like to buy a multi unit family property’s I can afford to buy two single houses in my market but that is not scaling theme that I want.
So getting a agent out of state and property mgm is my plan to find a good cash flow property. Any ideas on what to look for that you may have encountered and why not to do out of state?
I may also do a 1031 on another property for down payment is this a good idea to sell it or keep renting it for the cash flow and refinance out the cash
Any help and ideas will be a greatly appreciated thank you in advance