Nothing is foolproof here, but having a trustworthy person to make introductions is the most common way of successful out of state investing.

Just dump the money in SP500 and take 4 to 5% withdrawals it is the pretty fool proof way unless you panic and sell at bottom or something during a crash haha.

And while nothing is foolproof the most consistent method of finding good vendors is relying on OTHER real estate investors that have worked with those vendors.

And while nothing is foolproof the most consistent method of finding good vendors is relying on OTHER real estate investors that have worked with those vendors.

Nothing is absolute or fool proof and there is risk in any investment but the GP should take their time to try and analyze the risk as best as possible so it is minimized.

Pretty foolproof way to force some nice appreciation and capture equity quickly.

The next best thing would be paying for an appraisal but that isn't as fool-proof as people sometimes think it is. 3 appraisers might be just as far off from each other as you and the seller are, which tells you how accurate appraisers can be.

And while nothing is foolproof the most consistent method of finding good vendors is relying on OTHER real estate investors that have worked with those vendors.

And while nothing is foolproof, the most consistent method of finding good vendors is relying on OTHER real estate investors that have worked with those vendors.

Someone probably told you it's "government-backed" and virtually fool proof.