Landlord friendly vs non-landlord friendly

[Rodney Lorenzo]

I live in the Northeast which is primarily tenant friendly. I've heard that it is recommended to invest in landlord friendly states like TX, FL, GA, etc. As a first time investor, I'm weary about my first investment being out of state. I've heard horror stories about tenants taking advantage of the COVID moratoriums to buy boats, cars, etc. In the Southern states it seems like the eviction process isn't as troublesome. What are you thoughts?

[Bruce Woodruff]

Generally speaking, red states are more landlord friendly while blue states tend to favor the tenant. Note I said generally.

I would not personally take a chance any more with a power that limits my rights as a property owner, but you have to find your own comfort/risk level....as JD said, it's sure a lot easier to handle any kind of Real Estate if you can put you hands on it...

So assess your situation...are you comfortable with moving any time soon? If not, just CYA and buy where you are...