Thoughts on out of state multi family investing? Pros/cons?

[Nicole Camarao]

I recently have an opportunity to purchase 3 multi family units out of state (Maine). I currently reside outside of Boston. The numbers create a nice monthly cash flow even with property manage. I feel I have reviewed every possible pro/con but you don’t know what you don’t know. Any one have any experiences, good or bad, to share?

[Aaron K.]

Out of state in the NE is not the same as the west coast my guess is you could drive to ME in a couple hours which mitigates some of the risks.