@dianegu...I'd like to replicate your results ;)@Johnc....Our retirement isn't sending us a monthly check.

My name is Madison Heck, I'm a 25 year old product manager at a tech company in New York City that is looking to shift into real estate investing on the side initially, but transitioning to full time once I can hopefully replicate my income.I am getting closer to closing on a property in Ithaca, NY (where I went to school) with a business partner of mine in the next month or two.

I love listening to personal development & they say you don't need to reinvent the wheel but merely "copy the right cat"*** or find people who are successful & replicate what they do.

Having these people in place not only makes the investing process manageable and gives you the ability to replicate it if desired, you also have the ability to leverage their networks to accomplish your goals.

That being said, the OP is still spot on and the savvy OOS investor (or let's be honest, even the savvy local investor) will either avoid those types of properties and flips or do some incredible due diligence to get a stellar team in place--but even then...The trick to out of state investing is essentially replicating your presence in the area through your agents/team.

Try to replicate them from scratch.