Buying apartment out of state...how does it work (the process)

[John B.]

I live in Florida and potentially looking at small 8-15 unit apartments in the midwest, Texas, anywhere where the market makes more sense than inflated Florida prices. If working a full time job, how would I see these properties? Submit a contact and fly in to hire the inspection, meet property management companies etc on the same week? What is typically your process when buying out of state? 

[Danny Randazzo]

I agree with you @Greg Dickerson. There are good deals in Florida if you spend time building relationships with brokers who specialize in smaller properties. @John B. if you really want to buy out of state I suggest you find a partner who is on the ground to help or look at passive investments in the markets you prefer so you don't have to travel out there.