Should I take out 2+ mortgages in same year to start out?

[Susan Tan]

As a beginner remote investor living in CA, I plan to visit Ohio next month and talk to realtors, property managers, & contractors. If I find 2 or more cash-flowing properties that can rent out for over $1k/month in class A neighborhoods, do you recommend that I get mortgages for all of them or should I only buy property & renovate that one property at a time? I don't want to fly to Ohio as often as 5 times a year, so I'd like to maximize my first time visit to Ohio. I won't have the cash to pay for the properties 100% so I'll need at least 1 conventional mortgage.

[CJ M.]

If it fits your plan and the numbers make sense, I say go for it. Heck, I think I took out 19 mortgages in a little over a year lol