Is it better to utilize a lender that is located in the state were the investment property exists, or does it matter?

@Darren Anderson

Sometimes establishing a long term relationship with a local bank may help financing future deals. If the lender is licensed to serve the area you can always go with one of the national providers as well so it depends on the rate, closing costs, and terms.

@Lamont Chen:

 Thanks!!

Local to the state where the real estate is at is best.