Invest out of State, or stay local (w/in 45 min drive).?

2 Replies

Have read and talked to folks investing outside of State (CA) and all sounds good. Was also told from an accomplished RE friend to always stay close (w/in 45 min drive) as something will always go wrong and when things (economy, etc) turn bad, then you as the Property Mngr’s client will take a backseat to their priorities. On the flip side, CA does not cash flow.. At all.. Thoughts?