Hi Zach,Having worked with numerous real estate investors who used to self-manage from out-of-state, I've seen firsthand what makes this approach work (and what causes major headaches).Look, the reality is you'll need a solid local network.

However, if safety is a major concern, it may be worth selling, taking your share of the equity, and buying elsewhere with a clean slate—even if it means a higher interest rate.

Quote from @Jack Pergola: Hey everyone — I’m a 20-year-old junior in college (Economics major at Binghamton University), and I’ve been obsessively learning about real estate investing.

If you meet that test and your STR is placed in service this year (ideally before major renovations), you could even do a cost segregation study and bonus depreciate a portion of the purchase, furnishings, etc.

Petersburg, FLGreat question, Madison—sounds like you’re doing a lot right already.I’ve run into the same issue where listings can get buried in the noise once they hit the major syndication platforms.

Right now, most housing markets are still seeing home prices rise – just not as fast as they were a few years ago.But in the major metros where prices are starting to cool off a little (the red bars in the graph below), the average drop is only about -2.9% since April 2024.

I would say a majority would go with a 30 year to keep cash liquid/better cash flow.

Co-mingling the investments could create major problems.Greg, the opposite of what you are saying is true.

After all, they’re less likely to need major repairs, often attract higher rents, and typically come with lower capital expenditure (CAPEX) risk.

As a major part of my work, I need to research properties, and then skip trace the homeowner to make contact.