I will be taking those tips to put into practice.

This seems like a common practice, and am new to all this.Any insights would be appreciated!

Quote from @Madeline Holland-Jackson: Loan guys is a third party loan processor that engages in fraud and predatory lending practices.

Not sure how those apprasials come in like that.. but then sometimes they come in way low and the BRRR client needs to feed the deal to pay us off.Also I find in some markets its just SOP no matter what you ask for the property offers are going to come in lower than ask just as a standard practice in that particular market..

Each having their own unique (and some similar) characteristics.Many entertainers use a local location in Lititz to practice their tour sets before hitting the many nearby metros - like Baltimore, Philadelphia, Washington DC, New Jersey, New York, Virginia, etc…Feel free to connect to discuss current opportunities and what we have to offer.

From a practical stand point look at the risks: - NJ is a NOTORIOUSLY tenant friendly state!!! 

A 4.5 rating with 80 reviews can tell a very different story than the same rating backed by hundreds.It’s also worth asking a few practical questions:– Do they have a response-time policy for owners or tenants (for example, within 24 business hours)?

I'll add one angle specific to out-of-state ownership in Ohio: make sure your management agreement includes clear legal compliance provisions.Ohio has some landlord-friendly aspects, but there are specific requirements that trip up out-of-state owners:Key Ohio-specific items to confirm your PM handles:Lead-based paint disclosure (pre-1978 properties) - Ohio takes this seriously, and violations can be costlySecurity deposit accounting - Ohio requires deposits be held separately and returned within 30 days with itemized deductionsCleveland-specific ordinances - If your property is in Cleveland proper (vs. suburbs), there are city rental registration requirements and inspection programsEviction timeline management - Ohio's process is relatively fast (30-45 days typically), but only if done correctly from day oneContract provisions to insist on:- Written confirmation they're handling all required notifications (lead paint, security deposit interest if applicable, move-in/move-out documentation)- Proof of Ohio real estate license (required to manage properties for others for a fee)- Clear delineation of who handles legal filings if eviction is needed - some PMs coordinate but don't file; you want to know upfrontOne practical question to ask during interviews:"Walk me through how you handle a tenant who's 5 days past due on rent in Cleveland - what's your exact process and timeline?"

I am looking to relocate to one of those 2 locales, so I thought I should start investing there.

I’ve seen a lot of first-time 1031 investors surprised by this, so a few practical points from the financing side (not tax advice):There’s no true “zero-fee” debt — it’s usually a choice between higher rate / lower fees or lower rate / higher fees.