Investing out-of-state

[Account Closed]

What are some of the recommendations if you were to do fix and flips or rentals out-of-state? I feel that the area in my own backyard is not a very profitable area considering so many people already live and occupy that space. How would you be able to find the right contractors and the right property managers even if you have never physically seen the place? For those who don't know what I'm talking about, I live in one of the five boroughs in New York. 

[Joel Owens]

Francis I do not do those but have many friends that do. Being far away you might look at a partnership with someone experienced if you have the capital to put into a deal or just be a HML lender.