When comparing notes to investing in traditional real estate, I'd say one of the biggest challenges is the note investing can be a more capital intensive business, requiring more money upfront with less creative strategies for an individual to buy (though you're always buying at a discount).

Your first project usually serves as the foundation for figuring out what works best for you since every property comes with its own set of lessons, challenges, and wins.Moving forward, I’d highly recommend getting an inspection, even on off-market deals.

Challenges?

Yes, but it's challenging.

Have you noticed any challenges on the management side compared to traditional long term rentals in your market? 

Happy to share what’s working on our end, swap ideas, or even just talk through the unique challenges of higher-end flips. 

However, I’m wondering if anyone here has had success investing OOS in locations hundreds or even thousands of miles away and still managed to maintain solid cash flow.Have you been able to overcome the challenges of investing in a distant market, and what strategies or systems have worked for you?

One of the challenges with real estate is that it takes time to bring new supply online once demand starts rising.

It’s helpful for others dealing with similar challenges. 

@John Kim @Travis Biziorek is 100% correct.S8 really isn't difficult, but it's not the answer to everything that the self-proclaimed "gurus" make it out to be.With S8 tenants, you're just trading one set of challenges versus direct paying tenants.When we advertise a rental, we take the best tenant we can find, immaterial of their source of rental funds.You want to be careful investing in the City of Detroit because there are a lot of "crooks" trying to sell you Class D properties dressed up to look like Class C or B.Connect with us or Travis for more info!