Out-of-state as a first-timer

[Joshua Chen]

Would it be possible to pull off an out-of-state flip as a first-timer in real estate deals? What would be the likeliness of success? Does anyone have a story relating to this? And to be more specific, I am at Riverside, California, likely to look into Oklahoma, Midwest City as my market

[Zach Sikes]

@Joshua Chen 

It would be pretty tough to do an out of state flip from CA to OK for a first timer IMO.  A buy and hold is pretty feasible, but not a flip.  There are too many things to learn your first time and our market is too competitive to find a deal from out of state for a first timer to have much of a chance for success.  I'm not saying impossible, just very hard.