I am new to the investment property community! I am looking to buy my first rental property out of state. Interested in a single family house in Manayunk/Philly area for a long term rental strategy. Would love to be connected to like minded investors and open to any advice!
Welcome to BiggerPockets, Myla! Excited to see you getting started—out-of-state investing can be a smart way to build long-term rental income. Focus on markets with strong rental demand, solid cash flow, and reliable property management. Connect with local property managers and other investors in the area to get insights on tenant quality, neighborhood trends, and maintenance expectations. Building a good local team early is key to making remote ownership smooth and profitable.